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Viewpoints

| 1 minute read

Manufacturing Construction Spending Has Tripled Since 2020

A convergence of geopolitical and demographic trends, policy shifts, and regional conflicts has driven accelerated industrial growth in the United States and reshaped global supply chains. Manufacturing construction spending has tripled since 2020, reaching $234 billion in the 12 months ending May 2024. As China's cost advantage wanes, re-shoring has intensified, with 90% of North American manufacturers relocating some production from China in the past five years—a trend likely to continue.

These developments represent significant opportunities for both companies and advisors. Companies can enhance their supply chains, making them more resilient and responsive to customer needs. Advisors have a role in helping manufacturers prepare for capital raising, acquisitions, and process optimization.

Riveron has a team with extensive experience in preparing companies to raise capital by seamlessly producing the materials and reports that investors and their bankers require. We support buy-side due diligence with in-depth analysis of targets, identifying and quantifying critical risks and opportunities. Our expertise extends to post-merger integration, ensuring seamless transitions. In addition, our Intelligent Manufacturing services leverage smart technology and real-time data to enhance visibility, productivity, and performance.

As of May 2024, annual construction spending in manufacturing soared to $234 billion, tripling since January 2020.

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detroit, new york city, houston, dallas, industrials, manufacturing, accounting & finance operations, business performance improvement, capital markets advisory, transaction services, business development, consulting professionals, lenders, mergers & acquisitions, private equity