Apple Supplier Foxconn to Invest Millions in Pennsylvania

URLhttp://www.bloomberg.com/news/2013-11-21/iphone-ma
SourceBloomberg
Date Published11/22/2013
Author NameBrian Wingfield and Romy Varghese
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hon Hai Precision Industry/Foxconn
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):530
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2014
Capital investment ($):40
Country(ies) from which reshored:China,Taiwan, Province of China
City reshored to:Harrisburg
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components
Product(s) reshoredcomponents for telecomm equipment and servers
What non-domestic negative factors made offshoring less attractive?Lead time/time to market
What domestic positive factors made reshoring more attractive?Eco-system synergies, Skilled workforce availability/training
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