Company/Division name | Prysmian Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Italy |
City reshored to: | Somerset |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Machinery |
Product(s) reshored | cables for offshore wind energy |
What domestic positive factors made reshoring more attractive? | Infrastructure, Raw Materials Cost, Under-utilized capacity |