URL | https://climatepower.us/wp-content/uploads/sites/2 |
Source | climatepower.us |
Date Published | 04/01/2023 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | BMW |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1700 |
Country(ies) from which reshored: | Germany |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | EVs |
What domestic positive factors made reshoring more attractive? | Government Incentives, Inflation Reduction Act, Biden |