Renewable Energy Firm Moving Solar Panel Manufacturing to New York

URLhttps://www.thomasnet.com/insights/renewable-energ
SourceThomasnet.com
Date Published06/24/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Convalt Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):30
City reshored to:Watertown
State(s) reshored to:NY
If relevant, work nearshored to:-
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, Biden
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