Domestic heat pump manufacturing’s $800 million investment boom

URLhttps://atlasbuildingshub.com/2024/10/22/domestic-
Sourceatlasbuildingshub.com
Date Published10/22/2024

Additional Reshoring Information:

Company/Division name Daikin
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):39
Country(ies) from which reshored:Japan
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredheat pump assembly
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$39 million Defense Production Act
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