Fritz Winter North America Plans $193.7 Million Foundry-Production Center In Franklin, Kentucky

URLhttp://www.areadevelopment.com/newsItems/12-11-201
SourceArea Development
Date Published12/11/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Fritz Winter
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):343
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):193.7
Country(ies) from which reshored:Germany
City reshored to:Franklin
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Fabricated Metal Products, Transportation Equipment
Product(s) reshoredCasting and machining of disc brake rotors
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity
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