Hexagon Building $16 Million Detroit-Area Technology Hub

URLhttps://news.thomasnet.com/featured/hexagon-buildi
SourceThomas
Date Published05/22/2019
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hexagon
Parent companyHexagon
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):16
Country(ies) from which reshored:Sweden
City reshored to:Novi
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredtechnology
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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