Company/Division name | Velocity Composites w GKN aerospace |
Parent company | Velocity Composites w GKN aerospace |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Country(ies) from which reshored: | United Kingdom |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Aerospace composite material |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training |