Company/Division name | ArcelorMittal Calvert LLC |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 280.5 |
Country(ies) from which reshored: | Luxembourg |
City reshored to: | Calvert |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | non-grain oriented electrical steel (NOES) |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies, Skilled workforce availability/training |
Government Incentive dollar amount: | $280.5 Million |