Company/Division name | Otis Elevator |
Parent company | United Technologies |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 380 |
Country(ies) from which reshored: | Mexico |
City reshored to: | Florence |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery, Transportation Equipment |
Product(s) reshored | Elevators |
What non-domestic negative factors made offshoring less attractive? | Rising wages |
What domestic positive factors made reshoring more attractive? | Manufacturing/engineering joint innovation (R&D) |