Continental Tire the Americas Plans $1.45 Billion Tire Manufacturing Plant In Hinds County, Mississippi

URLhttp://www.areadevelopment.com/newsItems/3-2-2016/
SourceArea Development
Date Published03/02/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Tire
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):2500
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):1450
Country(ies) from which reshored:Germany
City reshored to:Hinds County
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Tires
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
Government Incentive dollar amount:260,000,000
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