Italian manufacturer of axles chooses Perry for US base, bringing 35 jobs

URLhttps://www.desmoinesregister.com/story/money/busi
SourceDes Moines Register
Date Published04/18/2025
Author NameKevin Baskins

Additional Reshoring Information:

Company/Division name ADR S.p.A.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):35
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):14.6
Country(ies) from which reshored:Italy
City reshored to:Perry
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredaxles, braking systems, suspensions for ag and ind
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$1.6 million
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