Danfoss moves up project schedule at Quad-C

URLhttps://www.uticaod.com/news/20181109/danfoss-move
SourceUtica Observer Dispatch
Date Published11/09/2018
Author NameAmy Neff Roth
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Danfoss Silicon Power
Parent companyDanfoss 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) reshoredautomotive power modules
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training
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