Company/Division name | Hitachi Energy |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 37 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | South Boston |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products, Machinery |
Product(s) reshored | power transformers |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | Virginia’s Economic Development Partnership |