Rolls-Royce Investing $13.9 Million in Minnesota Power Plant Expansion, Plans to Open in 2021

URLhttps://www.thomasnet.com/insights/rolls-royce-inv
SourceThomas Insights
Date Published11/03/2020
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MTU America
Parent companyRolls-Royce
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):20
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):13.9
Country(ies) from which reshored:United Kingdom
City reshored to:Mankato
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredhigh-power MTU gas generator sets
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity
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