Company/Division name | Pratt & Whitney |
Parent company | Raytheon Technologies Corp. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 800 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2027 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 650 |
City reshored to: | Asheville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | turbine airfoils |
What domestic positive factors made reshoring more attractive? | Infrastructure, Lead time/Time to market, Skilled workforce availability/training |