Company/Division name | Advanced Airfoil Components |
Parent company | Siemens |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 350 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 130 |
Country(ies) from which reshored: | Germany |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | turbine blade and vane cast components |
What domestic positive factors made reshoring more attractive? | Manufacturing/engineering joint innovation (R&D) |