Pratt & Whitney to Build New Facility in North Carolina

URLhttps://www.industryweek.com/the-economy/article/2
SourceIndustry Week
Date Published10/28/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pratt & Whitney
Parent companyRaytheon 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) reshoredturbine airfoils
What domestic positive factors made reshoring more attractive?Infrastructure, Lead time/Time to market, Skilled workforce availability/training
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