Exclusive: Siemens to ramp up EV charger manufacturing in Texas

URLhttps://www.axios.com/2022/12/13/siemens-texas-ele
SourceAxios
Date Published12/13/2022
Author NameJoann Muller
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens eMobility
Parent companySiemens AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Country(ies) from which reshored:Germany
City reshored to:Carrollton
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle (EV) chargers
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Infrastructure, Lead time/Time to market, Skilled workforce availability/training
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