US Manufacturing Boom Is About More Than EVs, Chips

URLhttps://www.bloomberg.com/news/newsletters/2024-03
SourceBloomberg
Date Published03/15/2024

Additional Reshoring Information:

Company/Division name Akzo Nobel NV
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):7.5
Country(ies) from which reshored:Netherlands
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpowder coating
What domestic positive factors made reshoring more attractive?Automation/technology, Higher productivity, Lead time/Time to market
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