ThyssenKrupp to invest $866 million in North America

Date Published04/24/2015
Author NameGeorgina Prodhan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ThyssenKrupp AG
Type of work Manufacturing
Reshoring category:Transplant
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2020
Capital investment ($):866
Country(ies) from which reshored:Germany
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings), elevator technology and automotive components
Product(s) reshoredSteel, components
What domestic positive factors made reshoring more attractive?Eco-system synergies
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