Mercedes-Benz strikes deal for US-made steel with Steel Dynamics

Date Published09/19/2023
Author NameKate Magill

Additional Reshoring Information:

Company/Division name Mercedes-Benz
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:Fort Wayne
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption, Tariffs
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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