Company/Division name | Harmonic Drive, LLC |
Parent company | Harmonic Drive Systems, Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Country(ies) from which reshored: | Japan |
City reshored to: | Beverly |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | high-precision gears for various industries |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Other, expansion |