Manufacturing facility in Rockbridge County to produce 60 jobs

SourceStaunton News Leader
Date Published04/29/2021
Author NameBrad Zinn
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Modine Manufacturing Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):60
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):7
City reshored to:Richmond
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcooling systems, thermal management systems
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity, Other, import replacement
Government Incentive dollar amount:$194,000
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