Tech startup NexGen takes over state-built $100M factory in DeWitt, begins hiring

Date Published05/08/2019
Author NameRick Moriarty
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NexGen Power Systems
Parent companyNexGen Power Systems
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
City reshored to:DeWitt
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredpower transistors
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training, Under-utilized capacity, Other, import replacement
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