Siemens and Materials Solutions open new Innovation Center in U.S.

URLhttps://www.worldoil.com/news/2019/10/10/siemens-a
SourceWorld Oil
Date Published10/10/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens & Materials Solutions, Ltd.
Parent companySiemens AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Country(ies) from which reshored:Germany
City reshored to:Orlando
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshored"advanced components" for energy, aerospace, +
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Automation/technology, Customer responsiveness improvement, Under-utilized capacity, Other, partnership
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