Company/Division name | Smith & Co. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 54 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2.56 |
City reshored to: | Birmingham |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment, aerospace, defense, automotive |
Product(s) reshored | precision CNC machining |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market |
Government Incentive dollar amount: | tax incentives |