Company/Division name | Formlabs |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2022 |
City reshored to: | Milwaukee |
State(s) reshored to: | WI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | 3D Printers |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Government Incentives, Skilled workforce availability/training |
Government Incentive dollar amount: | $675,000 performance-based income tax credits |