Company/Division name | Schaeffler Group USA |
Parent company | Schaeffler Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 650 |
Year reshoring announced: | 2004 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 230 |
Country(ies) from which reshored: | Germany |
City reshored to: | Dover |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | High-End EV Parts |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Better Control of Process/Delivery/Factory, Customization/Flexibility, Eco-system synergies, Higher productivity, Image/brand, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D) |