Siemens, Chromalloy set up casting joint venture in US

URLhttp://wind.energy-business-review.com/news/siemen
SourceEnergy Business Review
Date Published05/10/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Advanced Airfoil Components
Parent companySiemens
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) reshoredturbine blade and vane cast components
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D)
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