Ficosa opens $50M auto parts plant in Cookeville

URLhttp://www.tennessean.com/story/money/2016/10/28/f
SourceThe Tennessean
Date Published10/28/2016
Author NameLizzy Alfs
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ficosa North America
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):900
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Domestically, the work will be done:In-house
Capital investment ($):50
Country(ies) from which reshored:Spain
City reshored to:Cookeville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredRearview Systems for Automobiles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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