Company/Division name | Mitsubishi Electric Power Products |
Parent company | Mitsubishi Electric Corporation |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 86 |
Country(ies) from which reshored: | Japan |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | advanced switchgear production/ power electronics |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Impact on domestic economy, Proximity to customers/market |
Government Incentive dollar amount: | 6.75 |