U.S. Steel Plans Osceola, Arkansas, Advanced Steel Making Plant

URLhttps://www.areadevelopment.com/newsitems/1-14-202
Sourcehttps://www.areadevelopment.com
Date Published01/14/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name U.S. Steel Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):900
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):3000
City reshored to:Osceola
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredIntegrated steel and steel mill
What domestic positive factors made reshoring more attractive?Government Incentives
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