Company to invest $51 million to create 125 jobs in Rutherford County

URLhttps://businessnc.com/company-to-invest-51-millio
SourceBusiness North Carolina
Date Published06/30/2025
Author NameKevin Ellis

Additional Reshoring Information:

Company/Division name TMG Haartz Solutions
Parent companyTMG Group with Hartz Corp
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):125
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2025
Capital investment ($):51
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 trim components
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:2,400,000
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