Schneider Electric Selects El Paso, TX as Location for New Manufacturing Plant to Boost Domestic Manufacturing Capacity

URLhttps://www.prnewswire.com/news-releases/schneider
SourceCision PRNewswire
Date Published02/15/2022
Author NamePress Release
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schneider Electric North America
Parent companySchneider Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Capital investment ($):100
Country(ies) from which reshored:France
City reshored to:El Paso
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcustomized low voltage switchboards
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Infrastructure, Proximity to customers/market
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