SC: Schaeffler Investing $163.8M in 3 Counties, Creating over 440 Jobs

SourceTrade and Industry Development
Date Published01/13/2015

Additional Reshoring Information:

Company/Division name Schaeffler Group USA
Parent companySchaeffler Technologies AG & Co
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):331
Year reshoring announced:2015
Domestically, the work will be done:In-house
Capital investment ($):97.4
Country(ies) from which reshored:Germany
City reshored to:Cheraw
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
What domestic positive factors made reshoring more attractive?Eco-system synergies
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