Elatec Begins Manufacturing In US

URLhttps://www.industryanalysts.com/112420_elatec/
SourceIndustry Analysts Inc
Date Published11/25/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Elatec Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Country(ies) from which reshored:Germany
City reshored to:Palm City
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredRFID card readers
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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