Fact Sheet: Investing in America: Biden-Harris Administration Boosts Manufacturing Ahead of Historic Internet Infrastructure Investment

URLhttps://www.commerce.gov/news/fact-sheets/2023/03/
SourceU.S. Department of Commerce
Date Published03/29/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Corning with CommScope
Parent companyCorning with CommScope
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:2023
Capital investment ($):550
Country(ies) from which reshored:United States
City reshored to:Hickory
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Electrical Equipment, Appliances & Components
Product(s) reshoredfiber optic cable
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, "Internet for All" initiative
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