Spanish Supplier Gestamp to Invest $158.7 Million into Mich. Operations

SourceAuto News
Date Published10/26/2016
Author NameDustin Walsh
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gestamp
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):295
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):158.7
Country(ies) from which reshored:Spain
City reshored to:Chelsea, Troy and Mason
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Parts for Doors and Bumpers
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:1.575 Million
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