Company/Division name | Panasonic |
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 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2014 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Japan |
State(s) reshored to: | NV |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | cylindrical NCA (Nickel-Cobalt-Aluminum) batteries |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market |