Arlington Lands U.S. Headquarters for Global Manufacturing Company

URLhttps://www.arlingtontx.gov/news/my_arlington_t_x/
SourceMyArlingtonTX
Date Published11/05/2024

Additional Reshoring Information:

Company/Division name Salcomp
Parent companySalcomp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):660
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2027
Country(ies) from which reshored:Finland
City reshored to:Arlington
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsensors based on wireless connectivity technology
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:1,876,622
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