Company/Division name | Gestamp North America |
Parent company | Gestamp |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 130 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 129 |
Country(ies) from which reshored: | Spain |
City reshored to: | Union City |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | metal components for automotive industry |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, to meet the demand from local automotive OEMs |
Government Incentive dollar amount: | $750,000 |