The greenfield factory journey

A rise in reshoring calls for greenfield manufacturing sites

Seismic shifts in the geopolitical and macroeconomic landscape in recent years have forced manufacturers to rethink their approach to fulfilling demand. While global factory networks were commonplace during the last few decades, recent events such as COVID-19, supply chain disruptions, shortage of skilled labor, and inflation have created unprecedented challenges.

To address these challenges, manufacturers are increasingly considering reshoring and building new factories in the United States. Building a greenfield factory can increase overall manufacturing capacity, create redundant supply, reduce unit costs through increased automation, improve quality, and potentially reduce time to market for new products.

A well-developed strategy for a greenfield factory can ensure a digital thread foundation is built in from the start. Advanced digital technologies such as sensors, wearables, and robotics can unlock additional value from the new factory investment. And incorporating exponential technologies like Internet of Things (IoT), cloud, machine learning, and artificial intelligence can turn advanced data into actionable insights.

Building a new factory may be an obvious investment choice, but where to start? In this article series, we dive into each critical phase of the greenfield factory journey, outlining how Deloitte can help develop the right strategy and provide oversight while building a new plant.

How Deloitte can help the greenfield factory journey

With deep expertise across industries, Deloitte has helped many leading global companies build a greenfield site. No matter where you are in the journey, we can help you get back on track and realize your ultimate greenfield goals, using new methodologies that reduce risk, improve performance, and save time and money.

As a strategic partner, our Smart Manufacturing team can also fill knowledge gaps across tax strategy, consulting, financial advisory, risk advisory, and business process transformation. Contact us today to learn how we can work together to bring your greenfield vision to life.