Siemens to boost domestic production by $54 million

Date Published03/04/2022
Author NameAlex Gangitano
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens USA
Parent companySiemens
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):54
Country(ies) from which reshored:Germany
City reshored to:Grand Prairie
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV chargers
What domestic positive factors made reshoring more attractive?Government Incentives, Biden’s “Made in America” initiative
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