Company/Division name | Weidmüller Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 16.4 |
Country(ies) from which reshored: | Bulgaria |
City reshored to: | Chesterfield County |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | electronic components |
What domestic positive factors made reshoring more attractive? | Government Incentives, Image/brand, Proximity to customers/market |
Government Incentive dollar amount: | $488,450 |