Executives for Milwaukee-based Rockwell Automation say they expect to see continued investment in U.S. manufacturing, even amid growing economic uncertainty and headwinds.
Speaking on the company’s fourth quarter earnings call, Rockwell chairman and chief executive officer Blake Moret described the trend in U.S. investment as “shoring” as opposed to “reshoring.”
“It’s really about the U.S. being an outsized beneficiary of new capex as opposed to shuttering plants in China or other parts of Asia and bringing it back to the U.S.,” Moret said.
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