Spot on. We have been sold down the river and allowed our industrial base to be destroyed. It is a hard slog back, but these are first steps to recover.
The good thing is any NEW or EXPANDED factories built will all be STATE OF THE ART FACILITIES!
The world will be playing catch-up!................................
Manufacturing was out/offsourced so that politicos (who control when and how) can set up contracts for their relatives. Plus, it allows slave labor for Nike and Apple.
Every country must preserve inside those industries that are essential. And, they must be robust enough to survive a disaster.