Company/Division name | Rare Earth Salts |
Parent company | Rare Earth Salts |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2024 |
City reshored to: | Beatrice |
State(s) reshored to: | NE |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | Terbium Oxide for Rare Earth Magnets |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Raw Materials Cost |
Government Incentive dollar amount: | 4.22 |