Ericsson picks North Texas for its first 5G smart factory in the U.S.

URLhttps://www.dallasnews.com/business/2019/09/19/eri
SourceThe Dallas Morning News
Date Published09/19/2019
Author NameMelissa Repko
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ericsson North America
Parent companyEricsson
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2023
Capital investment ($):134
Country(ies) from which reshored:Sweden
City reshored to:Lewisville
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredtelecom
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Lead time/Time to market, Proximity to customers/market
Government Incentive dollar amount:3.6
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