URL | https://www.theintelligencer.net/news/top-headline |
Source | The Intelligencer |
Date Published | 03/06/2023 |
Author Name | DOUGLASS HUXLEY |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Our Next Energy |
Parent company | Berkshire Hathaway Energy Renewables |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 500 |
City reshored to: | Ravenswood |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | titanium melt factory |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, Under-utilized capacity, clean energy |