Sandvik Coromant expanding Oconee County operations

URLhttps://governor.sc.gov/news/2024-06/sandvik-corom
Sourcegovernor.sc.gov
Date Published06/19/2024

Additional Reshoring Information:

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) reshoredcarbide inserts and tools for metal cutting
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
Find Reshoring Articles