Company/Division name | Pennsylvania Transformer Technology |
Parent company | Pennsylvania Transformer Technology |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | 102.5 |
City reshored to: | Raeford |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Power and Distribution Transformers |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training |
Government Incentive dollar amount: | 800,000 |