A recent survey by Supply Chain Dive indicated that 64% of manufacturers expect reshoring to be one of the most likely consequences of COVID-19. Boeing outsourced the manufacturing of many components of its 787 airliner to suppliers in Italy, Sweden, China, and South Korea, resulting in 30% foreign-made components for the 787. This decision led to cost increases, not savings as initially expected. Trade policies, global supply chains risks, constantly rising labor costs overseas resulted in a decision by Boeing to reverse its offshoring decision and launch several reshoring initiatives, bringing jobs back to the USA.
https://www.thomasnet.com/insights/boeing-reshoring/
