Company/Division name | Lincoln Electric Holdings, Inc. |
Parent company | Lincoln Electric Holdings, Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
City reshored to: | Euclid |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Velion fast charger |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives |