Franklin manufacturers plan expansions worth $70M

URLhttps://dailyjournal.net/2023/05/08/franklin-manuf
SourceDaily Journal
Date Published05/08/2023
Author NameLeeann Doerflein

Additional Reshoring Information:

Company/Division name Dualtech
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):11
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):9.6
City reshored to:Franklin
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredaluminum, gray & ductile iron castings
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, tax abatement
Government Incentive dollar amount:$898,000 over 10 years
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