Company/Division name | AM/NS Calvert |
Parent company | ArcelorMittal |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 775 |
Country(ies) from which reshored: | Luxembourg |
City reshored to: | Calvert |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products, automotive |
Product(s) reshored | hot-rolled, cold-rolled, coated steel sheets, slab |
What domestic positive factors made reshoring more attractive? | Higher productivity, Lead time/Time to market |