German manufacturer expanding U.S. headquarters in Charlotte

URLhttps://www.thecharlotteweekly.com/business/german
SourceThe Weekly
Date Published06/02/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name H-T-L perma USA
Parent companyH-T-L perma
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):24
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:Charlotte
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredsingle and multi-point lubrication systems
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Lead time/Time to market, Skilled workforce availability/training, economic incentives from Charlotte
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