Company/Division name | LyteHorse Labs |
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: | Both |
Country(ies) from which reshored: | Canada |
City reshored to: | Sterling Heights |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment, military, law enforcement |
Product(s) reshored | LyteHorse electric vehicles |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Under-utilized capacity |