Company/Division name | Mercedes Benz |
Parent company | Mercedes-Benz |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2030 |
Capital investment ($): | 42100 |
Country(ies) from which reshored: | Germany |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | network of electric-vehicle chargers |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Government Incentives, Biden administration |