Company/Division name | Danfoss Silicon Power |
Parent company | Danfoss Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 300 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2024 |
Country(ies) from which reshored: | Germany |
City reshored to: | Marcy |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive power modules |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Skilled workforce availability/training |