Space Satellite Maker Brings Over 2,000 Jobs to Florida with New Facility

URLhttps://www.thomasnet.com/insights/space-satellite
SourceThomas Insights
Date Published10/15/2021
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Terran Orbital
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):2100
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):300
City reshored to:Merritt Island
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Transportation Equipment, military
Product(s) reshoredprinted circuit boards, space satellites
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Other, import replacement
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