KION North America expanding operations in Dorchester County

URLhttps://governor.sc.gov/news/2022-12/kion-north-am
SourceGovernor's office
Date Published12/01/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kion North American
Parent companyKion Group AG
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):450
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Capital investment ($):40
Country(ies) from which reshored:Germany
City reshored to:Summerville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredindustrial trucks
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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