U.S. Steel Makes $700 Million Joint Venture Deal

URLhttps://www.thomasnet.com/insights/u-s-steel-makes
SourceThomasNet
Date Published10/09/2019
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name United States Steel Corporation
Parent companyUnited States Steel Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2019
Capital investment ($):700
City reshored to:Osceola
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredflat-rolled steel
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Under-utilized capacity, Other, import replacement; joint venture
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