Schneider Electric invests $23.8 million to expand manufacturing at two plants in South Carolina

URLhttps://www.plantservices.com/industry-news/news/5
SourcePlant Services
Date Published07/09/2024

Additional Reshoring Information:

Company/Division name Schneider Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):11.9
Country(ies) from which reshored:France
City reshored to:Richland
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectronic components
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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