Company/Division name | Rinco Ultrasonics |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 3 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Danbury |
State(s) reshored to: | CT |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | complex welding applications |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), improve competitiveness |