Company/Division name | ABB |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 3 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Memphis |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | R&D (electronics) |
What domestic positive factors made reshoring more attractive? | Government Incentives, Inflation Reduction Act, CHIPS Act |