Continental unveils state-of-the-art automotive manufacturing plant in New Braunfels

SourceHerald Zeitung
Date Published09/28/2022
Author NameSteve Knight
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental
Parent companyContinental AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2022
Capital investment ($):110
Country(ies) from which reshored:Germany
City reshored to:New Braunfels
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredadvanced driver Assistance Systems business, radar
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training
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