HSP US Selects Charlotte for First U.S. Manufacturing Plant

URLhttps://www.charlottenc.gov/City-News/HSP-US-Selec
SourceCity of Charlotte
Date Published05/09/2025

Additional Reshoring Information:

Company/Division name HSP US LLC,
Parent company Trench Group GmbH
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):74
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2026
Capital investment ($):50
City reshored to:Charlotte
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbushings, components of high voltage transformers
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training
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