Danish manufacturer plans $33M expansion

URLhttp://www.courier-journal.com/story/money/compani
Sourcecourier journal
Date Published12/08/2016
Author NameGrace Schneider

Additional Reshoring Information:

Company/Division name Linak U.S.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):413
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2016
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):33
Country(ies) from which reshored:Denmark
City reshored to:Louisville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Furniture, Medical Equipment & Supplies
Product(s) reshoredlift mechanisms, hospital bed parts
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:350,000
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