URL | https://www.marketwatch.com/story/cummins-investin |
Source | Market Watch |
Date Published | 04/03/2023 |
Author Name | Steve Gelsi |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Cummins |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Capital investment ($): | 1000 |
City reshored to: | Fridley |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals, Machinery, energy |
Product(s) reshored | electrolyzer technology for hydrogen production |
What domestic positive factors made reshoring more attractive? | Government Incentives, President Joe Biden |