Company/Division name | Edwards Subsidiary |
Parent company | Atlas Copco AB |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 600 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2029 |
Capital investment ($): | 319 |
Country(ies) from which reshored: | Sweden |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | dry vacuum pumps for semiconductors |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Lead time/Time to market |