Scanfil expands its Atlanta factory in the USA by 50 percent

URLhttps://finance.yahoo.com/news/scanfil-expands-atl
SourceYahoo Finance
Date Published01/13/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Scanfil
Parent companyScanfil
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Country(ies) from which reshored:Finland
City reshored to:Atlanta
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcontract manufacturer/system supplier electronics
What domestic positive factors made reshoring more attractive?Automation/technology, Customization/Flexibility, Eco-system synergies, Infrastructure, Lead time/Time to market, Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D)
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