Company/Division name | Visitech |
Parent company | Visitech |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2025 |
Country(ies) from which reshored: | Norway |
City reshored to: | New Allen |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | DLP light engine factory |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Govt. Policy and subsidies, Impact on domestic economy, Infrastructure |