Company/Division name | Admiral Cable |
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): | 342 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2021 |
Offshore, work was done: | In-house |
Domestically, the work will be done: | In-house |
Capital investment ($): | 50 |
Country(ies) from which reshored: | Taiwan, Province of China |
City reshored to: | Santa Teresa |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | assembled electrical cords, power supplies, wires |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Infrastructure, Other, trade missions |