Pritzker Administration and Flender Corporation Announce Manufacturing Expansion in Elgin

URLhttps://www.illinois.gov/news/press-release.26231.
SourceIllinois.gov
Date Published03/23/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Flender
Parent companyFlender AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2023
Country(ies) from which reshored:Spain
City reshored to:Elgin
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredgear boxes for wind turbines
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training, EDGE Tax Credit
Find Reshoring Articles