Maxeon to focus only on US market, will lease New Mexico building for panel manufacturing

URLhttps://www.solarpowerworldonline.com/2024/11/maxe
SourceSolar Power World
Date Published11/26/2024
Author NameKelly Pickerel

Additional Reshoring Information:

Company/Division name Maxeon Solar Technologies
Parent companyMaxeon Solar Technologies
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:Singapore
City reshored to:Albuquerque
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSolar Panels and Cells
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Proximity to customers/market
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