Austal opens advanced $100 million steel shipbuilding facility in Mobile

URLhttps://www.madeinalabama.com/2022/04/austal-opens
Sourcehttps://www.madeinalabama.com
Date Published04/13/2022
Author NameJerry Underwood
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Austal USA
Parent companyAustal
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
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 ($):100
Country(ies) from which reshored:Australia
City reshored to:Mobile
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings), Transportation Equipment
Product(s) reshoredsteel shipbuilding
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$50M
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