Company/Division name | ArcelorMittal |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 500 |
Country(ies) from which reshored: | Luxembourg |
City reshored to: | Calvert |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | Fortiform 980 GI, steel slabs |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity, Other, tariffs |