Nordex To Restart Production In Manufacturing Facility In Iowa - Quick Facts

URLhttps://www.nasdaq.com/articles/nordex-restart-pro
Sourcenasdaq.com
Date Published06/27/2024

Additional Reshoring Information:

Company/Division name The Nordex Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:West Branch
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredwind turbines
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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