Guardian Bikes Building An Automated Bike Factory In Indiana

URLhttps://businessfacilities.com/2022/05/guardian-bi
SourceBusinessf Facilities
Date Published05/17/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):7
City reshored to:Seymour
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredbikes
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, four-year $100,000 ECLIPSE loan
Government Incentive dollar amount:$275,000 tax abatement
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