Schneider Electric Launches First Smart Factory in the U.S. Demonstrating Quantifiable, Real-Time Benefits of Innovative EcoStruxure Solutions

URLhttps://finance.yahoo.com/news/schneider-electric-
SourceYahoo Finance
Date Published06/13/2019
Author NamePR Newswire
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schneider Electric
Parent companySchneider Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
City reshored to:Lexington
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredload centers & safety switches
What domestic positive factors made reshoring more attractive?Automation/technology, Higher productivity, Proximity to customers/market, Under-utilized capacity
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