Auto Supplier Moves Operations to U.S., Invests $10 Million in Michigan

URLhttps://www.thomasnet.com/insights/auto-supplier-m
SourceThomas
Date Published08/11/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name DAG Technology, Inc.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Capital investment ($):10
Country(ies) from which reshored:China
City reshored to:Grand Blanc
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive wheel trim
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, Lead time/Time to market, Proximity to customers/market
Government Incentive dollar amount:400,000
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