Company/Division name | Power Electronics |
Parent company | Power Electronics |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 600 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 300 |
Country(ies) from which reshored: | Spain |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Solar Panel Inverters |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market |