Company/Division name | Sumitomo Electric Industries |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Japan |
State(s) reshored to: | NJ |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products, semiconductors for 5G |
What domestic positive factors made reshoring more attractive? | Other, Biden |