Company/Division name | Ford Motor Co. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 6000 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2030 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 5800 |
City reshored to: | Glendale |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | EVs and EV batteries |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Under-utilized capacity, partnership with SK Innovation |