German engineering company selects Iredell for US headquarters, adding 200 jobs to the region

URLhttps://charlotteregion.com/news/2024/01/23/econom
SourceCharlotte Regional Business Alliance
Date Published01/23/2024

Additional Reshoring Information:

Company/Division name DEHN
Parent companyDEHN SE
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):195
Year reshoring announced:2024
Capital investment ($):38.6
Country(ies) from which reshored:Germany
City reshored to:Mooresville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Electrical Equipment, Appliances & Components
Product(s) reshorede-mobility, renewables, critical infrastructure
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, Job Development Investment Grant
Government Incentive dollar amount:$523mil
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