Company/Division name | Siemens Mexico |
Parent company | Siemens |
Type of work | Manufacturing |
Reshoring category: | Nearshoring |
Total number of jobs (added or to be added): | 455 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 955 |
Country(ies) from which reshored: | Germany |
City reshored to: | Santa Catarina, Nuevo Leon |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | plastic parts low voltage products |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training |