Vecima ratchets up US manufacturing in support of BEAD

URLhttps://www.lightreading.com/digital-divide/vecima
SourceLightreading.com
Date Published02/15/2024
Author NameJeff Baumgartner

Additional Reshoring Information:

Company/Division name Vecima Networks
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2024
Domestically, the work will be done:In-house
City reshored to:Holly
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredfiber optic terminals (OLTs)
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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