Company/Division name | ArcelorMittal |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2027 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1200 |
Country(ies) from which reshored: | Luxembourg |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | non-grain-oriented electrical steel (NOES) |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Lead time/Time to market, Proximity to customers/market |