ZF Group expands manufacturing facility in Laurens County

URLhttps://governor.sc.gov/news/2023-11/zf-group-expa
SourceOffice of the Governor of South Carolina
Date Published11/14/2023

Additional Reshoring Information:

Company/Division name ZF Group
Parent companyZeppelin-Stiftung
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):500
Country(ies) from which reshored:Germany
City reshored to:Gray Court
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshorednext-gen propulsion for cars and industrial vehic.
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Lead time/Time to market, Proximity to customers/market, Economic Development grants
Government Incentive dollar amount:$15mil
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