Germany-Based VEGA Expands Mason, Ohio, Operations

URLhttps://www.areadevelopment.com/newsitems/2-19-202
SourceArea Development
Date Published02/19/2024

Additional Reshoring Information:

Company/Division name VEGA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):31
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):16
Country(ies) from which reshored:Germany
City reshored to:Mason
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredlevel and pressure measurement technology
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
Government Incentive dollar amount:$75,000
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