Continental set to ramp up hiring for new $110M facility

URLhttps://seguingazette.com/alert/article_563b4b32-e
SourceThe Seguin Gazette
Date Published06/04/2022
Author NameSteve Knight
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Automotive
Parent companyContinental AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
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:2022
Domestically, the work will be done:In-house
Capital investment ($):110
Country(ies) from which reshored:Germany
City reshored to:New Braunfels
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredradar sensors for safety functions such blind-spot
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training
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