ABB unveils 60 million technology investment for US market

URLhttp://www.nasdaq.com/press-release/abb-unveils-60
SourceNasdaq
Date Published03/14/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ABB Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2022
Capital investment ($):10
Country(ies) from which reshored:Switzerland
City reshored to:Senatobia
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredpower distribution and circuit protection
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Proximity to customers/market
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