ABB expands US manufacturing with EV charger facility

URLhttps://evertiq.com/news/52483
SourceEvertiq
Date Published09/15/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ABB E-Mobility
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:Netherlands
City reshored to:Columbia
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredtransit bus chargers
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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