Avionics, Electrical Equipment Manufacturers Expand In Virginia, Create 198 Jobs

URLhttps://businessfacilities.com/avionics-electrical
SourceBusiness Facilities
Date Published11/04/2024

Additional Reshoring Information:

Company/Division name CMC Electronics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):89
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):5
Country(ies) from which reshored:Canada
City reshored to:Reston
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredavionics
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$300,000
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