It's official: Otis closes deal to locate in Florence

URLhttp://www.scnow.com/news/business/article_39e9c5f
SourceSCNow
Date Published08/18/2011
Author NameTucker Mitchell
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Parent companyOtis Elevator
Type of work Manufacturing
If manufacturing, is the company an OEM? Unknown
If manufacturing, is the company a contract manufacturer?Unknown
Reshoring category:Reshoring
Total number of jobs (added or to be added):360
Year reshoring announced:2011
Capital investment ($):40
Country(ies) from which reshored:Mexico
City reshored to:Florence
State(s) reshored to:SC
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredelevators
What domestic positive factors made reshoring more attractive?Government Incentives
Find Reshoring Articles