URL | https://siteselection.com/onlineInsider/how-a-kiwi |
Source | Site Selection Magazine |
Date Published | 01/01/2024 |
Author Name | RON STARNER |
Company/Division name | Ohmio |
Parent company | Ohmio |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 25 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 2.5 |
Country(ies) from which reshored: | New Zealand |
City reshored to: | Riverside |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Autonomous EV Shuttles |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Govt. Policy and subsidies, Higher productivity, Image/brand, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, IRA, Town purchase and incentive deal |