ORNL leads $15M project to revolutionise large-scale Additive Manufacturing for hydropower components

URLhttps://www.metal-am.com/ornl-leads-15m-project-to
Sourcemetal-am.com
Date Published09/01/2024

Additional Reshoring Information:

Company/Division name Oak Ridge National Laboratory (ORNL)
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):15
City reshored to:Oakridge
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Machinery
Product(s) reshoredrunners for hydropower turbines
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Automation/technology, Better Control of Process/Delivery/Factory, Government Incentives, Govt. Policy and subsidies, Higher productivity, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market
Government Incentive dollar amount:$15 from DOE
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