Company/Division name | ABB |
Parent company | ABB |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 400 |
Year reshoring announced: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 30.5 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Arecibo |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | electrical and automation products |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies, Skilled workforce availability/training |
Government Incentive dollar amount: | 12,000,000 |