Germany-Based Schaeffler Group USA Opens Operations Hub In Fort Mill, South Carolina

SourceArea Development
Date Published06/01/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schaeffler Group USA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):105
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):36.5
Country(ies) from which reshored:Germany
City reshored to:Fort Mill
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment, automotive/industrial
Product(s) reshoredprecision components, bearing stamping & assembly
What domestic positive factors made reshoring more attractive?Automation/technology, Impact on domestic economy
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