First Solar to Build New Solar-Panel Factory in Ohio

URLhttps://www.wsj.com/articles/first-solar-to-build-
SourceWall Street Journal
Date Published06/09/2021
Author NameBob Davis
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredsolar 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
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