TMG Automotive and Haartz Corporation to Invest in U.S. Manufacturing Facility in North Carolina for Automotive Interior Surface Materials

URLhttps://www.haartz.com/news/tmg-automotive-and-haa
SourceHaartz
Date Published06/30/2025

Additional Reshoring Information:

Company/Division name TMG Automotive with Haartz Corporation
Parent companyTMG & Haartz Solutions
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Country(ies) from which reshored:Portugal
City reshored to:Bostic
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive interiors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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