Smith & Co Opens Birmingham, Alabama, Manufacturing Complex

URLhttps://www.areadevelopment.com/newsitems/11-29-20
SourceArea Development
Date Published11/29/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredprecision 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
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