Swiss Manufacturer to Invest $62M in First US Hub

SourceCommercial Property Executive
Date Published02/07/2017
Author NameLaura Calugar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Oerlikon
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):93
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2022
Capital investment ($):62
Country(ies) from which reshored:Switzerland
City reshored to:Huntersville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Machinery, technology/manufacturing hub
Product(s) reshoredadvanced component manufacturing (?)
What domestic positive factors made reshoring more attractive?Government Incentives, to become a leader in a fast-expanding market
Government Incentive dollar amount:1 million
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