GF Linamar LLC Invests $217 Million In Mills River, North Carolina, Manufacturing Facility

URLhttp://www.areadevelopment.com/newsItems/2-23-2016
SourceArea Development
Date Published02/23/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GF Linamar LLC
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):350
Year reshoring announced:2015
Domestically, the work will be done:In-house
Capital investment ($):217
Country(ies) from which reshored:Germany,Switzerland
City reshored to:Mills River
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredPowertrain, Driveline, and Structural Components
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
Government Incentive dollar amount:4,200,000.00
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