Fremont's Motion Controls Robotics celebrates multimillion-dollar expansion

URLhttps://www.thenews-messenger.com/story/news/2022/
SourceFermont News Messenger
Date Published10/22/2022
Author NameDaniel Carson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Motion Controls Robotics Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):18
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
City reshored to:Fremont
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredrobotic automation
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?Automation/technology, Government Incentives, Skilled workforce availability/training, Under-utilized capacity, Other, COVID-19
Government Incentive dollar amount:1.198%, six-year Job Creation Tax Credit
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