AI powered tariff enforcement, fresh scrutiny of trade routes and talk of wider US China friction are turning old supply chains into a live policy experiment. If imports become more expensive or less reliable, production that already sits on US soil suddenly looks more valuable. This article walks through three US Manufacturing and Onshoring Beneficiaries screener stocks that appear exposed to this news backdrop, and why that might matter for your portfolio.

The stocks covered below are only a starting sample. The full screen surfaced 36 more US manufacturing and onshoring companies with equally compelling stories that are not included here. To identify and analyze your own highest conviction ideas from this theme, head straight into the US Manufacturing and Onshoring Beneficiaries screener.

Neo Performance Materials (TSX:NEO)

Neo Performance Materials is a Toronto based producer of rare earth and rare metal based materials used in magnets, catalysts and high tech components across autos, electronics, aerospace and clean energy. The company has a market cap of about CA$1.7b, putting it firmly in mid cap territory.

Investors looking at Neo Performance Materials today are really looking at a rare access point into non China supply chains for magnets and critical metals, at a time when tariff enforcement and export controls are back in focus. Management has noted that most tariff exposed products into the US are already sourced from Europe or Canada, and recent quarters have shown solid profitability with rising EBITDA guidance, which has caught analyst attention. The flip side is meaningful reliance on external borrowing and a low current ROE, so investors are not getting a free ride. For those who care about how US and European manufacturers secure rare earth magnets without leaning on China, this is a story worth watching closely.

Neo Performance Materials sits at the center of tariff scrutiny and rare earth re wiring, yet many investors may still be missing how its non China footprint really stacks up. Get the full context in the analysis report for Neo Performance Materials

Build your own rare earth and onshoring shortlist

Neo Performance Materials and the two other stocks in this article all came from a single Simply Wall St screen, but the real edge is in tailoring the hunt yourself. Use our flexible Screener to blend filters on valuation, growth, balance sheet strength and risks, or tap straight into our curated Investing Ideas.

Martinrea International (TSX:MRE)

Martinrea International is a Vaughan based auto parts manufacturer that designs and builds lightweight body structures, chassis components and propulsion systems for global car makers. Virtually all of its CA$4.7b in revenue comes from auto parts and accessories, reflecting a focused business that is tightly linked to vehicle production volumes. The company has a market cap of about CA$745 million, which puts it in the smaller mid cap bracket compared with the global suppliers it often competes with.

Investors watching US China trade friction and the new focus on tariff evasion may find Martinrea International hard to ignore. Management has been vocal that tougher enforcement on Chinese parts could push more vehicle assembly and content into North America, which would suit a supplier with plants and customers already tied to US, Mexican and Canadian production. At the same time, you are dealing with a highly cyclical auto supplier that carries meaningful debt and has seen earnings move around with one off items and program swings. The interest lies in how that mix of North American reshoring, lighter and more efficient components and a still cautious valuation plays out if US authorities keep pressing for more vehicles and parts to be built closer to home.

Martinrea International sits at the crossroads of reshoring hopes and auto cycle risk, yet the full story on its mix of North American plants, debt load and earnings volatility is not obvious. See how those pieces fit together in the 6 key rewards and 2 important warning signs

Amprius Technologies (AMPX)

Amprius Technologies is a Fremont based battery company that develops and sells silicon anode lithium ion batteries for aviation and mobility, including drones and high altitude pseudo satellites under its SiCore and SiMaxx platforms. The business currently reports about US$109 million in revenue from its battery segment, with sales spread across North America and Asia Pacific. The company has a market cap of roughly US$1.8b.

Amprius Technologies sits at the intersection of US onshoring, defense electronics and AI driven trade enforcement. The company supplies high energy density batteries into drones and defense linked aviation, is working toward NDAA compliant US manufacturing by 2027 and has recently secured sizeable European and e mobility orders. At the same time, revenue is still concentrated in a few end markets, the company remains loss making and shareholders have faced dilution and volatility as management funds new capacity. For investors who want to understand whether the raised 2026 guidance, policy support for domestic batteries and tariff related supply chain shifts are enough to offset those risks, the deeper story on Amprius is worth a closer look.

Amprius Technologies is chasing NDAA compliant US battery capacity and fresh defense and e mobility demand, yet the real story sits inside the analyst forecasts for Amprius Technologies that could reshape how investors view its current risks.

Seeking Fresh Alternatives Before Others?

Plenty of promising stocks are still flying under the radar for now. Before the next breakout run gathers momentum and the best entry points get caught, consider taking a closer look.

• Spot cash rich companies with sturdy balance sheets before they are widely discussed by using our curated list of solid balance sheet and fundamentals (12 results) while it may still be relevant to your research.
• Target companies already paying income and aiming to keep it that way with our hand picked 5 dividend fortresses while prices have not fully adjusted.
• Explore electrification and resource security themes by scanning producers in the focused 9 top copper producer stocks as sector attention develops.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.