Tennessee is, in many ways, ground zero for this year’s American manufacturing collapse.
After years of job growth fueled by low taxes and regulations…
Recently it’s been losing factories left and right.
And unfortunately, the pain is about to continue.
More specifically, the DeRoyal facility in LaFollette, Tennessee, which produces all kinds of tools and instruments for use in healthcare settings, is closing down primary operations by the end of this month – with full shutdown by the end of 2025.
That’s 153 good manufacturing jobs gone for Tennessee, because the company can longer profitably produce custom procedure trays – sterile kits for certain surgical procedures.
What’s worse about this news is that healthcare has been one of the most resilient sectors in the US job market this year. Take away the jobs added in healthcare and retail, and the US job market has shrunk so far in 2025.
Could this be an early sign that healthcare is also heading toward recession? Or is there another explanation you think better fits the data? Leave a comment and let us know!
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