Schneider Electric moves to modernize equipment and machinery at 2 US plants

URLhttps://www.supplychaindive.com/news/schneider-ele
SourceSupplychaindive.com
Date Published10/12/2022
Author NameKate Magill
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schneider Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):23
Country(ies) from which reshored:France
City reshored to:Lexington
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcircuit breakers
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement
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