Arcosa Wind Towers to Establish $60 Million Plant in New Mexico

Date Published03/23/2023
Author NameNolan Beilstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Arcosa Wind Towers Inc
Parent companyArcosa
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):250
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):60
Country(ies) from which reshored:United States
City reshored to:Belen
State(s) reshored to:NM
If relevant, work nearshored to:-
Product(s) reshoredwind towers
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Under-utilized capacity, New Mexico Local Economic Development Act
Government Incentive dollar amount:$4mil
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