Texas FDI Investments Grow At SelectUSA Investment Summit

URLhttps://businessfacilities.com/texas-fdi-investmen
SourceBusiness Facilities
Date Published07/02/2024

Additional Reshoring Information:

Company/Division name Acutronic Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):4
Country(ies) from which reshored:Switzerland
City reshored to:Bastrop
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredjet engines, micro-turbines
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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