DoD Enters Agreement to Expand Domestic Manufacturing to Strengthen U.S. Missiles and Munitions Supply Chains

URLhttps://www.defense-aerospace.com/dod-to-expand-do
Sourcedefense-artospace.com
Date Published06/19/2023

Additional Reshoring Information:

Company/Division name Arconic
Parent companyArconic
Type of work Manufacturing
Reshoring category:Reshoring
Capital investment ($):45.5
City reshored to:Davenport
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredHigh Purity Aluminum (HPA)
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Proximity to customers/market, Raw Materials Cost, Defense Production Act & Ukraine Supp. Approp. Act
Government Incentive dollar amount:45.5
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