Company/Division name | International Engines |
Parent company | Hanwha 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) reshored | aerospace 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 |