Daimler to bring $40M electric truck engineering expansion to Portland

URLhttps://www.kgw.com/article/money/business/portlan
Sourcekgw.com
Date Published05/13/2024

Additional Reshoring Information:

Company/Division name Daimler Trucks North America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):40
Country(ies) from which reshored:Germany
City reshored to:Portland
State(s) reshored to:OR
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredElectric trucks
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$700,000
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