Siemens starts construction of a new plant in Nuevo Leon

URLhttps://mexico-now.com/siemens-starts-construction
SourceMexico Now
Date Published09/27/2022

Additional Reshoring Information:

Company/Division name Siemens Mexico
Parent companySiemens
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) reshoredplastic 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
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