AQST Space Systems Group Relocates Manufacturing to Yuma, Arizona

URLhttp://www.areadevelopment.com/newsItems/10-2-2018
SourceArea Development
Date Published10/02/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AQST Space Systems Group
Parent companyAQST Space Systems Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Country(ies) from which reshored:Puerto Rico
City reshored to:Yuma
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAerospace manufacturing
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Higher productivity, Infrastructure, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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