Walmart pushes U.S. manufacturing support with $350 billion investment

URLhttps://talkbusiness.net/2021/03/walmart-pushes-u-
SourceTB&P
Date Published03/03/2021
Author NameKim Souza
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Techtronic Industries Company Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:Hong Kong
City reshored to:Anderson
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Machinery
Product(s) reshored power tools, outdoor power equipment, hand tools
What domestic positive factors made reshoring more attractive?Image/brand, Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity, Walmart
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