Number of Planned Industrial Manufacturing Projects Hits New 2020 High [Report]

SourceThomas Insights
Date Published10/29/2020
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Panasonic Energy of North America
Parent companyPanasonic Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:Japan
City reshored to:Sparks
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcylindrical lithium-ion cells, electric batteries
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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