Xinhua Silk Road: SEG Solar to establish 2GW PV module manufacturing facility in Texas, U.S.

URLhttps://www.prnewswire.com/in/news-releases/xinhua
SourceCICSON PR Newswire
Date Published09/20/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SEG Solar
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):500
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
City reshored to:Houston
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredTopcon solar modules
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?Infrastructure, Lead time/Time to market, Raw Materials Cost
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