Siemens to make solar energy equipment for US market in Wisconsin

URLhttps://www.reuters.com/sustainability/climate-ene
SourceReuters
Date Published08/15/2023

Additional Reshoring Information:

Company/Division name Siemens Smart Infrastructure USA
Parent companySiemens
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):12
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:Outsourced
Country(ies) from which reshored:Germany
City reshored to:Kenosha
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsolar string inverters
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Better Control of Process/Delivery/Factory, Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, IRA
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