Danish-Based Pandora Relocates-Plans New York City North American Headquarters

SourceArea Development
Date Published12/19/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pandora
Parent companyPandora
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):133
Year reshoring announced:2022
Capital investment ($):6
Country(ies) from which reshored:Denmark
City reshored to:New York
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Miscellaneous – subset non Hobbies
Product(s) reshoredjewelry
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$1.5 million
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