Germany-Based TÜV SÜD America Plans Auburn Hills, Michigan, Electric Battery Facility

URLhttps://www.areadevelopment.com/newsitems/12-10-20
Sourcehttps://www.areadevelopment.com
Date Published12/10/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TÜV SÜD America
Parent companyTÜV SÜD AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):40
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):44.1
Country(ies) from which reshored:Germany
City reshored to:Auburn Hills
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
What domestic positive factors made reshoring more attractive?Government Incentives, Michigan Business Development Program
Government Incentive dollar amount:$240,000
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