$100-Million Foundry Planned in Michigan

SourceFoundry Management and Technology
Date Published07/24/2014
Author NameRobert Brooks
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Brembo
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):250
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2017
Capital investment ($):100
Country(ies) from which reshored:Italy
City reshored to:Homer
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Primary Metal Products, Transportation Equipment
Product(s) reshoredIron foundry for brakes
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to market
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