Ericsson propels 5G Made in the USA at expanded smart factory in Texas

URLhttps://www.ericsson.com/en/press-releases/6/2024/
Sourceericsson.com
Date Published05/20/2024

Additional Reshoring Information:

Company/Division name Ericsson
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):50
Country(ies) from which reshored:Sweden
City reshored to:Lewisville
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshored5G products
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Skilled workforce availability/training
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