Schneider Electric invests in US for second time in 12 months

URLhttps://www.investmentmonitor.ai/news/schneider-el
SourceInvestment Monitor
Date Published03/14/2024

Additional Reshoring Information:

Company/Division name Schneider Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):750
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):140
Country(ies) from which reshored:France
City reshored to:Juliet
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectrical infrastructure
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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