Farmington manufacturer’s expansion will allow tools to be made in-house, cutting need for foreign imports

URLhttps://www.hartfordbusiness.com/article/farmingto
SourceHartfoed Business
Date Published04/15/2024

Additional Reshoring Information:

Company/Division name ebm-papst Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):3
Country(ies) from which reshored:Germany
City reshored to:Farmington
State(s) reshored to:CT
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredenergy-efficient fans and motors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption, Tariffs, Total cost
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Lead time/Time to market, Proximity to customers/market
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