Company/Division name | Camso Manufacturing USA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 33 |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 20 |
Country(ies) from which reshored: | France |
City reshored to: | Peosta |
State(s) reshored to: | IA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | undercarriages for heavy equipment |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | $600,000 in tax credits |