Growing Companies To Invest Nearly $80M In Texas Expansion Projects

URLhttps://businessfacilities.com/2022/09/texas-compa
SourceBusiness Facilities
Date Published09/20/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Broadwind Heavy Fabrications
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):3
City reshored to:Abilene
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredwind towers
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Higher productivity, Inflation Reduction Act (IRA)
Government Incentive dollar amount:performance based
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