COMSovereign Acquires 140,000 sq. ft. Manufacturing Facility to Ramp-up U.S.-Based 5G Radio Production

URLhttps://finance.yahoo.com/news/comsovereign-acquir
Sourceyahoo!finance
Date Published02/02/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name COMSovereign Holding Corp.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
City reshored to:Tucson
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Transportation Equipment
Product(s) reshored4G LTE & 5G wireless radios, Drone Aviation
What domestic positive factors made reshoring more attractive?Higher productivity, Image/brand, Impact on domestic economy, Lead time/Time to market, Lean/other business process improvement techniques, Under-utilized capacity
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