Schaffner MTC Transformers to Invest $3.1 Million to Expand Operation in Wythe County

SourceAugusta Free Press
Date Published10/08/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schaffner MTC Transformers
Parent companySchaffner Holding AG
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):79
Year reshoring announced:2015
Capital investment ($):3.1
Country(ies) from which reshored:Switzerland
City reshored to:Wytheville
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredStandard and Custom Transformers
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Find Reshoring Articles