Ericsson pledges $100M to build smart factory in U.S.

SourceFierce Wireless
Date Published06/26/2019
Author NameMonica Alleven
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):100
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):100
Country(ies) from which reshored:Sweden
City reshored to:St. Petersburg
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredantenna radio
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Infrastructure, Proximity to customers/market
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