Siemens Breaks Ground in Walpole, Mass., Marks Milestone in its Investment Strategy for Healthcare Market Transformation

SourceBusiness Wire
Date Published06/30/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens Healthineers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):700
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):300
Country(ies) from which reshored:Germany
City reshored to:Wapole
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies, healthcare
Product(s) reshoredlaboratory diagnostics
What domestic positive factors made reshoring more attractive?Proximity to customers/market, creating local value in the U.S.
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