Festo Corporation Opens $50 Million Manufacturing Facility in Mason

URLhttp://www.wcpo.com/news/insider/festo-corporation
SourceWCPO Cincinnati
Date Published07/16/2015
Author NameRachel Richardson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Festo Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):250
Year reshoring announced:2013
Capital investment ($):50
Country(ies) from which reshored:Germany
City reshored to:Mason
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredAutomation Technology/Robots
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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