Germany-Based Ziehl-Abegg Plans Winston-Salem, North Carolina, North American Headquarters

URLhttps://www.areadevelopment.com/newsItems/11-18-20
SourceArea Development
Date Published11/18/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ziehl-Abegg
Parent companyZiehl-Abegg Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):189
Year reshoring announced:2022
Capital investment ($):100
Country(ies) from which reshored:Germany
City reshored to:Winston-Salem
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcommercial ventilation
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Lead time/Time to market
Government Incentive dollar amount:.4
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