Company/Division name | LS Cable & System México |
Parent company | LS Cable & System México |
Type of work | Manufacturing |
Reshoring category: | Nearshoring |
Total number of jobs (added or to be added): | 500 |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2027 |
Capital investment ($): | 100 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Querétaro |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | power and telecommunications cables and systems |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |