Siemens Gamesa Plans $500 Million Upstate New York Factory

URLhttps://www.thomasnet.com/insights/siemens-gamesa-
SourceThomas
Date Published02/24/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens Gamesa
Parent companySiemens
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):420
Capital investment ($):500
Country(ies) from which reshored:Germany
City reshored to:Port of Coeymans
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredturbine nacelles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Proximity to customers/market
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