Company/Division name | Liebherr Mining Equipment |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 175 |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 72.3 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Newport News |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | mining equipment |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market |
Government Incentive dollar amount: | $1.5 million |