Albuquerque City Council approves $2.4 billion solar manufacturing plant

URLhttps://www.krqe.com/news/albuquerque-metro/albuqu
Sourcekrqe.com
Date Published11/20/2023

Additional Reshoring Information:

Company/Division name Maxeon Solar Technologies
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):2400
Country(ies) from which reshored:Singapore
City reshored to:Mesa del Sol
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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