Company/Division name | MP Materials |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | Both |
City reshored to: | Mountain Pass |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Nonmetallic Mineral Products |
Product(s) reshored | rare earths minerals, 17 minerals, rare earths |
What non-domestic negative factors made offshoring less attractive? | Loss of control, Strained offshore relationships, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Image/brand, Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity, Other, essential product supply |