German automotive molder invests $27 million in US plant

URLhttp://www.plasticsnews.com/article/20150609/NEWS/
SourcePlasticsNews
Date Published06/09/2015
Author NameMichael Lauzon
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nifco KTW
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):200
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Capital investment ($):27
Country(ies) from which reshored:Germany
City reshored to:Toccoa
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Plastic/Rubber Products, Transportation Equipment
Product(s) reshoredInterior and exterior auto parts, molding
What domestic positive factors made reshoring more attractive?Eco-system synergies
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