Nokia Announced Domestic Manufacturing of Electronics Equipment for Fiber

SourceBroadband Breakfast
Date Published08/03/2023
Author NameTeralyn Whipple

Additional Reshoring Information:

Company/Division name Nokia
Parent companyNokia Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Country(ies) from which reshored:Finland
City reshored to:Kenosha
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredtelecom equipment, fiber-optic, fiber equipment
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, President Joe Biden’s Made in America agenda
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