According to the annual barometer of the Factory of the Future*, published in December 2021 by Trendeo, relocation investments in France have increased significantly. Overall, there were 45 relocations in France in 2021 alone. Trendeo emphasizes that these relocations have been favored by France Relance subsidies and that SMEs are the ones most concerned. Does this unprecedented increase, if we look at the history of the last 30 years, foreshadow a deep and lasting trend?