Long Island-based electronics company poised to have production solely in the U.S.

URLhttps://www.cbsnews.com/newyork/news/long-island-b
SourceCBS New York
Date Published12/26/2023
Author NameCAROLYN GUSOFF

Additional Reshoring Information:

Company/Division name Orbic
Parent companyOrbic
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):30
Country(ies) from which reshored:China,India
City reshored to:Hauppauge
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredComputers, handhelds, wearables, tech accessories
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Supply chain interruption
What domestic positive factors made reshoring more attractive?Better Control of Process/Delivery/Factory, Eco-system synergies, Geopolitical Risk, Government Incentives, Higher productivity, Impact on domestic economy, Proximity to customers/market, NY and County property and sales tax breaks
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