Company/Division name | mtex Antenna Technology USA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 62 |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 16 |
Country(ies) from which reshored: | Germany |
City reshored to: | Albuquerque |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | antenna and telescope components |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | $1.3 million |