$72 million deal establishes Maryland’s first offshore wind manufacturing plant on Mid-Shore

URLhttps://www.myeasternshoremd.com/kent_county_news/
SourceKent County News
Date Published10/18/2021
Author NameLuke Parker
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ørsted A/S
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:Both
Country(ies) from which reshored:Denmark
City reshored to:Federalsburg
State(s) reshored to:MD
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredwind steel fabrication, wind turbines
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy
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