Company/Division name | Arconic |
Parent company | Arconic |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 70 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 100 |
City reshored to: | Alcoa |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | industrial & automotive aluminum products |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Other, import replacement; growing domestic demand |