Russia and China swallow up strategic businesses in the US heartland

URLhttps://www.irishtimes.com/business/manufacturing/
SourceThe Irish Times
Date Published10/11/2019
Author NameStephen Starr
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Braidy Atlas
Parent companyRusal & Braidy Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):600
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Capital investment ($):200
Country(ies) from which reshored:Russian Federation
City reshored to:Ashland
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredaluminum
What domestic positive factors made reshoring more attractive?Eco-system synergies, Skilled workforce availability/training
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