Machine-parts start-up Hadrian raises $90 million as it seeks to shake up the aerospace supply chain

URLhttps://www.cnbc.com/2022/03/31/machining-start-up
SourceCNBC
Date Published03/31/2022
Author NameMichael Sheetz

Additional Reshoring Information:

Company/Division name Hadrian Automation
Parent companyHadrian Automation
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Capital investment ($):90
City reshored to:Torrance
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredAerospace parts
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?Automation/technology, Higher productivity
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