Sale finalized of helicopter company Kopter, with plans to build Lafayette production base

SourceDaily Advertiser
Date Published04/08/2020
Author NameWilliam Taylor Potter
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Leonardo
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):185
Country(ies) from which reshored:Italy
City reshored to:Lafayette
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredSH09 single-engine helicopter
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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