Manufacturing plant breaks ground in Charlotte; to create 74 jobs

URLhttps://www.wsoctv.com/news/local/construction-beg
Sourcewsoctv.com
Date Published08/11/2025

Additional Reshoring Information:

Company/Division name HSP US LLC
Parent companyGerman-based 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
Capital investment ($):50
Country(ies) from which reshored:Germany
City reshored to:Charlotte
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredhigh voltage power transformers
What domestic positive factors made reshoring more attractive?Government Incentives
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