Mexico City-based Auto Supplier Tremec to Establish U.S. Headquarters in Wixom

URLhttp://www.crainsdetroit.com/article/20160616/NEWS
SourceCrain's Detroit Business
Date Published06/16/2016
Author NameAdrienne Roberts
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tremor Corporation
Parent companyKuo Group
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):133
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):54
Country(ies) from which reshored:Mexico
City reshored to:Wixom
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Transmissions
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
Government Incentive dollar amount:731,500
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