Company/Division name | KSM Castings USA |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Transplant |
Total number of jobs (added or to be added): | 80 |
Year reshoring announced: | 2016 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 80 |
Country(ies) from which reshored: | Germany |
City reshored to: | Shelby |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Lightweight Automotive Components |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market |
Government Incentive dollar amount: | 320,000 |