Company/Division name | Wieland Rolled Products North America |
Parent company | Wieland |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 800 |
Year reshoring announced: | 2024 |
Capital investment ($): | 500 |
Country(ies) from which reshored: | Germany |
City reshored to: | East Alton |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | Copper production |
What domestic positive factors made reshoring more attractive? | Better Control of Process/Delivery/Factory, Government Incentives, Higher productivity, Image/brand, Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, State of Illinois incentives and tax benefits |
Government Incentive dollar amount: | $231 mil and $172 mil, respectively |