Company/Division name | Thyssenkrupp Materials |
Parent company | Thyssenkrupp Materials |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2026 |
Country(ies) from which reshored: | Germany |
City reshored to: | Santa Teresa |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | Steel |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $252,630 |