Apollo · 08/26/2026
America’s Industrial Comeback Requires a New Financial Playbook and a Fatter Checkbook
Official source ↗Complete Research
Complete English original
Jim Zelter
This op-ed was originally published in Fortune on July 31, 2026.
In a Fortune op-ed, Jim Zelter writes that history provides a valuable lesson: periods of industrial transformation have consistently required a new capital arc
As America invests in power, infrastructure, manufacturing and critical supply chains, financing this next chapter will require a more connected capital system.
“Rebuilding America’s industrial base after decades of underinvestment will require trillions of dollars, from expanding power infrastructure to modernizing manufacturing and strengthening critical supply chains, all competing for the same pools of capital.”
Jim Zelter, President of Apollo Global Management
Apollo is a solutions provider, delivering flexible capital at scale to leading companies around the world. As a principal investor, we provide long-term, aligned capital that helps businesses grow, invest and operate in the real economy.
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AI analysis
AI-generated from the report above · not a translation and not the institution's wording · verify against the official source
Key arguments
- Rebuilding America's industrial base will require trillions of dollars.
- A more connected capital system is necessary to finance this next chapter.
- Apollo provides flexible capital at scale to support the real economy.
Risks
- Competition for the same pools of capital could delay projects.
- Decades of underinvestment may pose structural challenges.