Company/Division name | Igus Bearings Inc |
Parent company | Igus Bearings Inc |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2022 |
Capital investment ($): | 200 |
Country(ies) from which reshored: | Germany |
City reshored to: | East Providence |
State(s) reshored to: | RI |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | polymer manufacturing |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Higher productivity |