Company/Division name | Northshore Mining Co. |
Parent company | Northshore Mining Co. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2019 |
Capital investment ($): | 75 |
City reshored to: | Silver Bay |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | taconite pellets for hot-briquetted iron plant |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, Other, import replacement |