In general, we don’t expect many companies to close their existing facilities in China and to reshore them in the U.S. But we do expect many companies to locate new manufacturing facilities in the U.S., particularly in sectors such as aerospace and defense, industrial manufacturing, oil and gas, and the automotive industry. The bottom line is that companies will locate close to where their growth is originating. This doesn’t amount to a renaissance or a new dawn. But after decades of decline, it’s a welcome advance.

From the Harvard Business Review, The Rebirth of U.S. Manufacturing: Myth or Reality?