Company/Division name | Sandvik Coromant |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 29.4 |
Country(ies) from which reshored: | Sweden |
City reshored to: | Westminster |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | carbide inserts and tools for metal cutting |
What domestic positive factors made reshoring more attractive? | Skilled workforce availability/training |