Company/Division name | Austin Engineering |
Parent company | Austin Engineering |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | 5 |
Country(ies) from which reshored: | Australia |
City reshored to: | Casper |
State(s) reshored to: | WY |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | customised mining haul truck bodies |
What non-domestic negative factors made offshoring less attractive? | Regulatory compliance |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Government Incentives, Higher productivity, Skilled workforce availability/training, Under-utilized capacity, Wyoming grant and loan packages |
Government Incentive dollar amount: | $20mil |