Green Manufacturing of Steel to Invest $18 Million in Indiana Plant

Date Published12/05/2022
Author NameAndy Szal

Additional Reshoring Information:

Company/Division name GIM Inc.
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):18
Country(ies) from which reshored:United States
City reshored to:Scottsburg
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredSteel panels
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D)
Government Incentive dollar amount:$1.9 mil in tax incentives if job goal met
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