Marc Rowan, the CEO of Apollo Global Management, a prominent private equity firm, has expressed optimism about the resurgence of US manufacturing. He believes a combination of factors, including geopolitical tensions, supply chain disruptions, and a renewed focus on domestic production, drives a renaissance in American industry.

The COVID-19 pandemic exposed vulnerabilities in global supply chains, prompting many companies to reconsider their sourcing strategies. As a result, there has been a growing trend towards reshoring manufacturing operations in the United States. This shift has created opportunities for domestic manufacturers and has led to increased investment in the sector.

Furthermore, government policies like the Inflation Reduction Act have incentivized businesses to invest in domestic manufacturing and clean energy technologies. These policies aim to boost domestic production, create jobs, and reduce reliance on foreign suppliers.

As a major investor in industrial companies, Apollo is well-positioned to capitalize on this resurgence in US manufacturing. The firm has actively invested in innovative, sustainable, and domestic production companies.

By supporting these companies, Apollo is contributing to revitalizing American industry and creating high-quality jobs. As the US manufacturing sector continues to evolve, it is expected to drive economic growth and strengthen the country’s global competitiveness.