Company/Division name | ABB |
Parent company | ABB Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Capital investment ($): | 170 |
Country(ies) from which reshored: | Sweden |
City reshored to: | Bartlesville |
State(s) reshored to: | OK |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | automation tech |
What domestic positive factors made reshoring more attractive? | Automation/technology, Higher productivity, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |