America’s Military Readiness Depends on Reshoring Rare Earth Metals

URLhttps://forcedistancetimes.com/phoenix-tailings-re
SourceForce Distance Times
Date Published01/26/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Phoenix Tailings
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Domestically, the work will be done:In-house
City reshored to:Woburn
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredrare earths
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships, Supply chain interruption
Government Incentive dollar amount:2,000,000 grants
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