URL | https://www.thomasnet.com/insights/renewable-energ |
Source | Thomasnet.com |
Date Published | 06/24/2021 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
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 |