Baldor adding 41 Manufacturing Jobs in Buncombe

Date Published05/23/2016
Author NameEmily Patrick
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Balder Electric Company
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):41
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):4.2
Country(ies) from which reshored:Canada
City reshored to:Asheville
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredIndustrial Motors and Power Transmissions
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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