Company/Division name | SPAL-USA, Inc |
Parent company | SPAL Automotive Srl. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 39 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 33.5 |
Country(ies) from which reshored: | Italy |
City reshored to: | Ankeny |
State(s) reshored to: | IA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | auto parts |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Under-utilized capacity |
Government Incentive dollar amount: | $200,000 forgivable loan and tax benefits |