New Jersey Getting Monopile Factory

URLhttps://www.offshorewind.biz/2020/12/23/new-jersey
SourceoffshoreWIND.biz
Date Published12/23/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name EEW Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:Paulsboro
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredMonopiles
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Other, Covid-19
Government Incentive dollar amount:$250 million
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