Rise Light & Power and Delaware River Partners to develop site in New Jersey for offshore wind cable manufacturing

URLhttps://splash247.com/rise-light-power-and-delawar
Sourcehttps://splash247.com
Date Published04/18/2022
Author Name Kim Biggar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Rise Light & Power
Parent companyRise Light & Power
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
City reshored to:Greenwich Township
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcable
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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