Germany-based DRÄXLMAIER Group Opens Livermore, California, Manufacturing Hub

URLhttp://www.areadevelopment.com/newsItems/11-9-2016
SourceAreaDevelopment.com
Date Published11/09/2016
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name DRÄXLMAIER Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):300
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):24
Country(ies) from which reshored:Germany
City reshored to:Livermore
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredcomplex electrical systems and automotive interior
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training, market access
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