Company/Division name | Schaffner MTC Transformers |
Parent company | Schaffner Holding AG |
Type of work | Manufacturing |
Reshoring category: | Transplant |
Total number of jobs (added or to be added): | 79 |
Year reshoring announced: | 2015 |
Capital investment ($): | 3.1 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Wytheville |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Standard and Custom Transformers |
What domestic positive factors made reshoring more attractive? | Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |