Foxconn Lines up More Work for Former GM Plant in Ohio

URLhttps://www.industryweek.com/leadership/article/21
SourceIndustry Week
Date Published08/09/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Foxconn
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Lordstown
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredMonarch Tractor electric farm vehicles
What domestic positive factors made reshoring more attractive?Under-utilized capacity
Find Reshoring Articles