Kamtek Plans $530 Million Expansion of its Birmingham, Alabama, Auto Parts Manufacturing Plant

URLhttp://www.areadevelopment.com/newsItems/8-11-2015
SourceArea Development
Date Published08/11/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kamtek
Parent companyMagna International
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):354
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2015
Domestically, the work will be done:In-house
Capital investment ($):530
Country(ies) from which reshored:Canada
City reshored to:Birmingham
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredStamping for Mercedes
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