Arcosa plans for a New Mexico plant after bagging ~$750M of wind tower orders

SourceSeeking Alpha
Date Published03/14/2023
Author NameAhmed Farhath
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Arcosa
Parent companyArcosa
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):60
City reshored to:Belen
State(s) reshored to:NM
If relevant, work nearshored to:-
Product(s) reshoredwind tower
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Under-utilized capacity
Government Incentive dollar amount:Inflation Reduction Act, no $ value mentioned
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