One Way to Profit From America’s Manufacturing Boom

[Intelligent Income Daily]( Welcome to Intelligent Income Daily, the free daily newsletter from wealth and income expert Brad Thomas. Brad’s experience spans three decades of real estate and stock market booms and busts. Today, he and his team focus exclusively on the safest and most predictable ways to earn sustainable and growing income in any market condition. You can find all past issues [here](. And if you have any questions, please contact Brad and his team [here](mailto:memberservices@widemoatresearch.com). One Way to Profit From America’s Manufacturing Boom By Brad Thomas, Editor, Intelligent Income Daily After decades of sending jobs overseas, America is seeing a sudden boom in manufacturing. Toyota is building a $5.9 billion battery plant in North Carolina. Hyundai and LG are adding a $4.3 billion factory in Georgia. Ford is putting $3.5 billion towards making electric vehicle batteries in Michigan. Intel is building semiconductor plants worth $20 billion each in Arizona and Ohio. Micron is spending $35 billion to put up factories making computer memory chips in Idaho and New York. Texas Instruments is adding an $11 billion chip facility in Utah. Even in my hometown of Spartanburg, South Carolina, BMW is investing $1 billion to produce electric vehicles. And just a few miles to the south in Woodruff, a new battery plant is going up. New factories are popping up all over the country. Today I’ll show you why manufacturing is coming back to the U.S. Plus, I’ll give one way to profit from this trend. Recommended Link [Can One “Mega Deal” Really Help Fund Your Whole Retirement?]( [image]( Financier Brad Thomas has now invested in or arranged more than $1 billion in total real estate deals. He was recruited by the White House to advise on mega deals affecting America. And he just revealed details of a deal that, he says, could help fund your whole retirement. It involves a patented energy-tech breakthrough… the White House… and an obscure energy company about to unleash a $44 trillion opportunity for early investors. And he’s revealing all the details [here in this urgent video summit](. Fair warning: This video will “go dark” soon. Please be prepared to act quickly. [Watch now!]( -- Why Manufacturing is Coming Back to the U.S. For decades, companies used “offshoring” to reduce the cost of producing their goods by sending manufacturing jobs overseas to countries where labor was cheap. But recently, they’ve been doing the opposite – bringing manufacturing back home in a trend known as “reshoring.” Data from research firm IOT Analytics shows that mentions of “reshoring” in recent earnings reports increased by 30%. Several factors are encouraging companies to reshore production. The global pandemic increased the value of local economies for companies and customers. Companies realized they needed more reliable supply chains. Many items went out of stock as companies were stuck waiting for months for products to be shipped during the pandemic. Having a local factory allows companies to respond more quickly to changes in demand. Meanwhile, customers are now more willing to pay up for timely, higher quality, sustainable goods. They also want to support their local economy after seeing their favorite shops and restaurants go out of business during the pandemic. Last but not least, reshoring is also accelerating because of large government incentive programs. The CHIPS and Science Act provides $280 billion to boost research and manufacturing of semiconductors. And the Inflation Reduction Act offers tax credits worth $7,500 per electric vehicle – as long as it’s made in America. This has led to a big increase in new factories. Since the pandemic, spending on building new manufacturing facilities has nearly tripled. [Image] And you can profit from this manufacturing boom by investing in warehouses. How You Can Profit from America’s Manufacturing Boom The large increase in factories means more warehouses are needed to store raw materials and finished products. A report from the real estate services firm Cushman-Wakefield shows that the asking rent for warehouses reached $9.59 per square foot this year. That’s a more than 50% increase compared to rents just three years ago. And rents are expected to continue climbing to more than $10 per square foot next year. One way to add warehouses to your portfolio is through Rexford Industrial Realty (REXR). Rexford owns 365 properties covering 44 million square feet of space in Southern California. This is the country’s largest industrial market with high demand for warehouse space near the Port of Los Angeles. And since most of the land has already been developed, there is little to no new supply of warehouse space. Shares of Rexford have sold off due to worries about the economy slowing down. But the trend of reshoring will continue playing out for many years to come as well as the increased demand for warehouse space. Rexford yields 2.9% and trades at 24 times cash flow. That’s a 15% discount to its historical average, making it a good opportunity to buy shares right now. And for members of my Intelligent Income Investor service, there’s an even better company for playing the growing demand for warehouse space. It’s a company that’s a leader not just in America, but all around the world. It’s a company that’s making massive profits from the success of Amazon. And it can give you a reliable stream of growing income. In fact, I call it “Amazon’s Secret Royalty Program.” To find out more, [read on here](. Happy SWAN (sleep well at night) investing, Brad Thomas Editor, Intelligent Income Daily IN CASE YOU MISSED IT… [Elon Did It Again: This Could be Bigger than Tesla]( Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with [his new AI venture.]( This could be bigger than Tesla, bigger than SpaceX, and bigger than PayPal. [Click here.]( [image]( [Wide Moat Research]( Wide Moat Research 55 NE 5th Avenue, Delray Beach, FL 33483 [www.widemoatresearch.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Wide Moat Research welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-415-6046, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@widemoatresearch.com). © 2023 Wide Moat Research. All rights reserved. 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