Italy-Based A.D.R Axles USA Plans Perry, Iowa, Operations

URLhttps://www.areadevelopment.com/newsItems/4-30-202
SourceArea Development
Date Published04/30/2025

Additional Reshoring Information:

Company/Division name A.D.R Axles USA, Inc.
Parent companyA.D.R. 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
Capital investment ($):14.3
Country(ies) from which reshored:Italy
City reshored to:Perry
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredagricultural machinery and industrial equipment.
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
Government Incentive dollar amount:500,000 High-Quality Jobs (HQJ) program loan?
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