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) reshored | runners 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 |