Company/Division name | First Solar Inc |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 500 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 680 |
City reshored to: | Toledo |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | solar panels |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability , Tariffs |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | potential tax breaks |