Company/Division name | GIM Inc. |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 18 |
Country(ies) from which reshored: | United States |
City reshored to: | Scottsburg |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | Steel panels |
What non-domestic negative factors made offshoring less attractive? | Quality/rework/warranty, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Manufacturing/engineering joint innovation (R&D) |
Government Incentive dollar amount: | $1.9 mil in tax incentives if job goal met |