JST Power Equipment announces opening of new transformer manufacturing plant in Virginia, USA

URLhttps://jstpower.com/news/new-transformer-manufact
SourceJST
Date Published03/13/2025

Additional Reshoring Information:

Company/Division name JST Power Equipment (Jinpan International Limited)
Parent companyFNOF E&M Investment Limited
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2025
City reshored to:Wytheville
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredtransformer
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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