Germany-Based Volektra Establishes El Dorado Hills, Headquarters Operations

URLhttps://www.areadevelopment.com/newsItems/5-26-202
SourceArea Development
Date Published05/26/2025

Additional Reshoring Information:

Company/Division name Volektra
Parent companyVolektra
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Country(ies) from which reshored:Germany
City reshored to:El Dorado Hills
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric non magnet drivetrains
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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