URL | https://www.thomasnet.com/insights/energy-company- |
Source | ThomasNet |
Date Published | 09/23/2022 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Precision Castparts Corp. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Capital investment ($): | 500 |
City reshored to: | Ravenswood |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products |
Product(s) reshored | titanium components for the aerospace |
What domestic positive factors made reshoring more attractive? | Government Incentives, Under-utilized capacity |