Are factories actually returning to the US?

Investment | Michael Barris

When a Chinese furniture maker announced in November that it would open its first US factory in Virginia, Roy Dahlquist, an official with the state's economic development group, said the news signified "a growing trend that manufacturing is returning to the US".

To support his claim, the managing director of Asia for the Virginia Economic Development Partnership cited in an interview with China Daily "four Chinese companies that have established specific manufacturing operations across our state", including an electric generator manufacturer, a tissue converter and another furniture maker.