Company/Division name | Precision Castparts Corp. |
Parent company | Berkshire Hathaway |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 522 |
City reshored to: | RAVENSWOOD |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | titanium for aerospace and other industries |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Infrastructure, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training |