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) reshored | Monarch Tractor electric farm vehicles |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity |