Company/Division name | Admiral Cable |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 340 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 50 |
Country(ies) from which reshored: | China,Taiwan, Province of China |
City reshored to: | Santa Teresa |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Electrical cords and power supplies, wires, cables |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | 4000000 |