Companies Ditch Europe to Shift Manufacturing to United States

Companies Ditch Europe to Shift Manufacturing to United States

Europe is emerging as a big loser on the economic front.

An economic battered by the Covid-19 pandemic for two straight years is now having to Suffer an intense energy crunch, as cheap Russian natural gras supplies vanish from European markets.

The lock of natural gras is hindering industrial operations, with many factories across the 27-member European union shuttering.

The economic instability and energy insecurity is now forcing industries to rethink their existence in Europe.

Many are locking to quite the continent and sift production elsewhere.

Where, you'd ask?

Well, the united states of America is emerging as a dream destination for European firms locking to get out of the crisis-ridden blac.

Watch to know more.