GM facility to continue building ventilators after completing $489.4 million government contract

URLhttps://www.cnbc.com/2020/08/12/gm-facility-to-bui
Sourcecnbc.com
Date Published08/12/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ventec Life Systems
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
City reshored to:Kokomo
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredventilators
What domestic positive factors made reshoring more attractive?Under-utilized capacity, covid-19
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