Terramac adds to manufacturing capacity

URLhttps://cdrecycler.com/news/terramac-tracked-equip
SourceCDRecycler
Date Published03/02/2023
Author NameBrian Taylor
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Terramac
Parent companyCK Power
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
City reshored to:Sugar Grove
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredassembly rubber-tracked crawler carriers
What domestic positive factors made reshoring more attractive?Higher productivity, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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