Company/Division name | First Solar, Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 2500 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 680 |
City reshored to: | Lake Township |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | thin film photovoltaic (PV) solar modules |
What non-domestic negative factors made offshoring less attractive? | Strained offshore relationships, Supply chain interruption risk/Natural disaster risk/Political instability , pricing variation |