Made in America stocks

Sterling has already disclosed a first-phase award for a 'mega-fab campus' through 2027-2028. The formalization of Bechtel as the prime contractor for Micron's New York site creates a clear pathway for Sterling's specialized site development and infrastructure services to ramp up.

Sterling benefits directly from the volume of infrastructure work created by US manufacturing onshoring policies.

Jacobs is a high-leverage provider of specialized engineering, construction, commissioning, and integration services required for new U.S. manufacturing facilities.

The agreements' manufacturing commitments create demand for pharmaceutical plant design, engineering, cleanrooms, commissioning, qualification, and validation. Jacobs has specialized life-sciences AEC capabilities that can convert this investment wave into project backlog.

A wave of Canadian and other foreign manufacturers building or expanding U.S. facilities would increase demand for engineering, program management, commissioning, construction integration, and industrial infrastructure services. Jacobs is positioned as a specialized U.S. capex services provider rather than a tariffed goods exporter.

Jacobs Solutions Inc. engages in the infrastructure and advanced facilities, and consulting businesses in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. The company provides consulting, planning, architecture, design, engineering, and infrastructure delivery services including project, program, and construction management and long-term operation of facilities. It also offers consulting services for consumer and manufacturing, defense and security, energy and utilities, financial services, government, health and life sciences, and transport sectors. The company was founded in 1947 and is headquartered in Dallas, Texas.

Thermo Fisher directly supplies U.S. bioprocessing equipment, design support, and contract manufacturing services, making it highly leveraged to reshoring.

The newly announced manufacturers committed at least $19.6 billion to near-term U.S. production. Thermo Fisher's CRO, CDMO, analytical, laboratory, and bioprocessing businesses can capture equipment, consumables, testing, and outsourced manufacturing demand as that domestic capacity is built.

Rockwell’s controls, robotics and smart-factory systems directly support labor reduction and productivity improvement, creating a retrofit and efficiency-spending pathway.

High labor market tightness and ongoing labor shortages drive manufacturers to invest heavily in factory automation and robotics. Rockwell Automation is a major player offering smart manufacturing, automation software, and control systems, representing a direct beneficiary of sustained labor constraints.

Rockwell Automation, Inc., established in 1903 and headquartered in Milwaukee, Wisconsin, is a global leader in providing industrial automation and digital transformation solutions. The company's operations are segmented into three key areas: Intelligent Devices, Software & Control, and Lifecycle Services. The Intelligent Devices segment offers various hardware products such as drives, motion control systems, safety and sensing equipment, industrial components, and customized configurations. The Software & Control division provides essential control and visualization software and accompanying hardware, information management platforms, digital twin and simulation tools, and network and cybersecurity infrastructure. The Lifecycle Services segment completes its offering with expert consulting, professional implementation, and ongoing connected and maintenance support. Rockwell Automation distributes its comprehensive array of hardware, software, and services worldwide through a network of independent distributors, complemented by its direct sales force. Its extensive clientele spans diverse sectors, including discrete manufacturing (like automotive, semiconductors, and logistics), general industries (such as printing, marine, and aerospace), hybrid markets (encompassing food & beverage, life sciences, and eco-industrial applications like water management and renewable energy), and process industries (including oil & gas, mining, and chemicals).

GlobalFoundries has a U.S. manufacturing and advanced-packaging expansion that can benefit from production-linked localization demand.

Focuses on US/EU capacity expansion to attract customers seeking supply-chain flexibility away from China.

Amkor is positioned to capture outsourced assembly, testing, and advanced-packaging demand as front-end production and compliant U.S. semiconductor clusters expand.

The development directly supports advanced-packaging capacity growth in Arizona, increasing the potential need for outsourced assembly, testing, wafer bump, probe, and packaging services. Amkor's Arizona campus is expanding in response to customer commitments, positioning it to capture downstream demand as domestic wafer and packaging capacity scales.

Focused on U.S. manufacturing build-out to capture federal credits and avoid import volatility.

West has an extremely strong U.S. operational presence, expanding local facilities to handle the high volume of domestic biopharma reshoring.

West supplies pharmaceutical packaging, containment, and delivery components. Expansion of U.S. biologics and injectable manufacturing should increase demand for qualified domestic components as manufacturers respond to the administration's onshoring incentives.

Eaton captures significant electrical engineering and power grid capital infrastructure spend for mega-scale industrial facilities.

Eaton is a primary provider of electrical distribution and power management hardware. The U.S. manufacturing surge, particularly the AI-related physical infrastructure buildout, drives unprecedented demand for Eaton's switchgear, transformers, and electrical assemblies.

Powell is a specialized medium- and low-voltage switchgear supplier competing for hyperscale and substation power-distribution orders.

Powell manufactures custom medium-voltage switchgear used in data centers, substations, and industrial projects. The LS Electric transformer and switchgear backlog supports a positive read-through for Powell's constrained equipment category, though copper and electrical-steel costs can pressure fixed-price margins.

Powell Industries, Inc., operating with its subsidiaries, specializes in the comprehensive design, development, manufacturing, sales, and maintenance of customized electrical apparatus and systems. These advanced solutions are engineered to efficiently manage the distribution, regulation, and oversight of electrical energy. Their product line is extensive, including integrated power control room substations, tailor-made modular components, electrical enclosures, medium-voltage circuit breakers, communications systems for monitoring and control, motor control centers, and bus duct systems. They also provide both standard and arc-resistant switchgear and control gear for power distribution. These systems are adept at operating across a wide voltage range, from 480 volts to 38,000 volts, and find critical applications in numerous heavy industrial environments. Such sectors include oil and gas refining, both onshore and offshore oil and gas production, petrochemical processing, liquefied natural gas (LNG) terminals, pipeline and terminal infrastructure, mining and metals, light rail traction power, electric utilities, and the pulp and paper industry. In addition to their core products, the company offers a variety of crucial support services. These encompass providing spare parts, conducting field service inspections, handling installation and commissioning, undertaking modifications and repairs, supplying retrofit and retrofill components for existing systems, and offering replacement circuit breakers for switchgear. Founded in 1947 and based in Houston, Texas, Powell Industries, Inc. boasts a global operational presence, extending across the United States, Canada, Mexico, Central and South America, Europe, the Middle East, and Africa.

Flex is a contract manufacturer with a global manufacturing network and integrated fabrication, machining, and assembly services, so its potential pathway is capturing relocated production.

Jabil has expanded precision machining and metal-fabrication capacity across North America and Southeast Asia, providing evidenced non-European production optionality.

Jabil could conditionally capture production transferred away from European suppliers because it has expanded precision machining and metal-fabrication capacity across North America and Southeast Asia. The mechanism is incremental contract-manufacturing revenue and utilization if the unidentified customer qualifies Jabil or a comparable regional supplier; no customer-specific award is evidenced.

Jabil Inc. is a global provider of manufacturing services and comprehensive solutions. The company organizes its operations into two main divisions: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). Its offerings span the entire lifecycle of electronic products, from initial design and production to ongoing product management. Jabil provides a range of electronic design services, including the creation of application-specific integrated circuits (ASIC), firmware development, and rapid prototyping capabilities. They also engineer custom plastic and metal enclosures, integrating essential electromechanical components such as printed circuit board assemblies (PCBAs). Furthermore, Jabil excels in advanced three-dimensional mechanical design, performing detailed analysis of electronic, electromechanical, and optical assemblies. This is complemented by various industrial design services, mechanism development, and tooling management. The company extends its expertise to computer-aided design (CAD) for PCBA layouts, alongside crucial validation and verification services for these designs. Consulting services are also available, assisting clients with generating bills of materials (BOM), approved vendor lists (AVL), and configuring assembly equipment tailored for different PCBA projects. Beyond design, Jabil conducts extensive product and process validation, encompassing rigorous product system, safety, regulatory compliance, and reliability tests. They also specialize in developing customized manufacturing test solutions. Post-production services include systems assembly, final testing, direct-order fulfillment, and configure-to-order (CTO) capabilities. Jabil serves a broad spectrum of industries, including 5G, wireless and cloud infrastructure, digital printing and retail, industrial and semiconductor capital equipment, networking and data storage, automotive and transportation, connected devices, healthcare and packaging, and the mobility sector. The company, originally incorporated as Jabil Circuit, Inc., adopted its current name, Jabil Inc., in June 2017. Founded in 1966, Jabil Inc. maintains its corporate headquarters in Saint Petersburg, Florida.

ABB has direct exposure to factory robotics, controls, and retooling projects, placing it between direct equipment suppliers and broader industrial beneficiaries.

If automakers shift assembly and component production into the United States, new plants and retooled facilities may require factory automation, robotics, controls, and electrification equipment. ABB is an indirect beneficiary because no event-specific award or facility commitment is identified.

Emerson has PLC, DCS, field-instrument and HMI exposure to industrial automation capex, though its primary mix is broader than the Erlangen electronics-factory use case.

Xometry is positioned to capture domestic prototyping, tooling and supplier-discovery demand as manufacturers localize production.

Xometry could receive incremental demand for domestic prototyping, tooling, fabricated parts, and supplier discovery as Ford and suppliers redesign China-linked vehicle programs for U.S. production. The benefit would be realized through manufacturing-services revenue, but is indirect and smaller than the opportunity for established automotive Tier 1 suppliers.

Xometry's digital on-demand manufacturing platform stands to benefit as automotive supply chains aggressively scramble to find vetted, domestic-only alternatives to Chinese mechanical and physical components.

Nucor provides the essential building materials for large-scale manufacturing onshoring projects.

Foxconn is a large Taiwanese electronics and AI-server manufacturer that is expanding localized U.S. production. The broader $20 billion estimate increases the probability of additional North American assembly, testing, power, cooling, and rack-integration work, while U.S. labor and facility costs reduce margin conversion.

Foxconn gains local access to North American customers but must absorb U.S. facility, labor, and integration costs as it relocates production.

First Industrial has substantial direct industrial-landlord exposure, with reported rent growth, occupancy, and same-store NOI tied to warehouse leasing.

First Industrial is a listed industrial landlord positioned to benefit from the same shortage of in-demand warehouse space that supported Prologis's leasing and NOI results. Its own reported rent growth and higher FFO guidance provide direct evidence that strong industrial leasing can offset concerns raised by Prologis's GAAP earnings reduction, although there is no direct relationship between the companies.

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025. First Industrial Realty Trust, Inc. was incorporated in 1993 in Maryland, USA,