Cambodia’s NE Solar expands manufacturing capacity with new factory in the US

URLhttps://www.khmertimeskh.com/501357806/cambodias-n
SourceKHMER TIMES
Date Published09/10/2023

Additional Reshoring Information:

Company/Division name New East Solar Energy (NE Solar)
Parent companyNew East Solar Energy (NE Solar)
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Country(ies) from which reshored:Cambodia
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshored2-gigawatt (GW) solar panel
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?, Inflation Reduction Act
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