Company/Division name | Richardson Electronics, Ltd |
Parent company | Richardson Electronics, Ltd |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 254 |
Year reshoring announced: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 8.5 |
City reshored to: | La Fox |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | battery energy storage system (BESS) |
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, Infrastructure, Skilled workforce availability/training |