Company/Division name | Kion North American |
Parent company | Kion 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) reshored | industrial 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 |