After loss of its only solar manufacturer, N.J. prepares to welcome a new one

Date Published02/07/2013
Author Namenone
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SIEL SpA
Parent companySIEL SpA
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):38
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2013
Domestically, the work will be done:In-house
Country(ies) from which reshored:Italy
City reshored to:Parsippany
State(s) reshored to:NJ
If relevant, work nearshored to:-
Product(s) reshoredsolar panel inverters
What non-domestic negative factors made offshoring less attractive?Freight cost
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Potential for educational partnerships
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