OnLogic Plans New High Tech Global HQ In Vermont

URLhttps://businessfacilities.com/2021/08/onlogic-pla
SourceBusiness Facilities
Date Published08/31/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name OnLogic
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):50
City reshored to:South Burlington
State(s) reshored to:VT
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcomputer hardware, IoT solutions
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
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