Longtime Joplin manufacturer ready to hire as expansion wraps up

SourceJoplin Globe
Date Published09/22/2021
Author NameDebby Woodin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schaeffler Group USA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):40
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):56
Country(ies) from which reshored:Germany
City reshored to:Joplin
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredball bearings
What non-domestic negative factors made offshoring less attractive?Delivery
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lead time/Time to market, Skilled workforce availability/training, covid-19
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