Company/Division name | MGM Transformers |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 700 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2030 |
Domestically, the work will be done: | In-house |
City reshored to: | Waco |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Image/brand, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training |