Company/Division name | Siemens Smart Infrastructure USA |
Parent company | Siemens |
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) reshored | solar 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 |