Tower International Establishes Manufacturing Plant In Fountain Inn, South Carolina

URLhttp://www.areadevelopment.com/newsItems/7-13-2016
SourceArea Development
Date Published07/13/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tower International
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):140
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):75
City reshored to:Fountain Inn
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Complex Assemblies
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
Government Incentive dollar amount:100,000
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