Hanwha Aerospace Picks Connecticut For International Engines HQ

URLhttps://businessfacilities.com/hanwha-aerospace-co
SourceBusiness Facilities
Date Published11/09/2023

Additional Reshoring Information:

Company/Division name International Engines
Parent companyHanwha Aerospace
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Korea, South
City reshored to:Cheshire
State(s) reshored to:CT
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaerospace engines
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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