OMCO Solar invests $5 million to expand U.S. solar torque tube manufacturing

URLhttps://solarbuildermag.com/products/omco-solar-in
Sourcehttps://solarbuildermag.com
Date Published04/12/2022
Author NameChris Crowell
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name OMCO Solar
Parent companyOMCO Solar
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):5
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar, origin tracker torque tubes
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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