SC leads nation in tire manufacturing, exports

URLhttp://www.myrtlebeachonline.com/2014/06/21/429705
SourceMyrtle Beach Online
Date Published06/21/2014
Author NameJeff Wilkinson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Tire
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):1600
Year reshoring announced:2011
Domestically, the work will be done:In-house
Capital investment ($):500
Country(ies) from which reshored:Germany
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredTires
What domestic positive factors made reshoring more attractive?Government Incentives, Labor concessions
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