Hyundai Translead, Siemens, Fanuc and others announce US expansions

URLhttps://www.manufacturingdive.com/news/5-manufactu
SourceManufacturing Dive
Date Published03/30/2026
Author NameJeffrey Kinney

Additional Reshoring Information:

Company/Division name AeroVironment
Parent companyAeroVironment
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):30
City reshored to:Albuquerque
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric and hybrid propulsion systems
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:6,000,000
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