Schneider Electric Inaugurates New Plant in Nuevo Leon

URLhttps://mexicobusiness.news/infrastructure/news/sc
SourceMexico Business
Date Published06/20/2024

Additional Reshoring Information:

Company/Division name Schneider Electric Mexico
Parent companySchneider Electric SE
Type of work Manufacturing
Reshoring category:Nearshoring
Total number of jobs (added or to be added):460
Year reshoring announced:2024
Capital investment ($):29.4
Country(ies) from which reshored:France
City reshored to:Nuevo Leon
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredtechnology to support other sectors
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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