Work begins on $18M auto plant

URLhttp://www.daytondailynews.com/business/work-begin
SourceDayton Daily News
Date Published06/06/2017
Author NameTom Gnau
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hematite Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2017
Domestically, the work will be done:In-house
Capital investment ($):18
Country(ies) from which reshored:Canada
City reshored to:Englewood
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment, auto
Product(s) reshoredvehicle under-bodies, air/water management parts
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$400,000 + 4.3 million in bonds to help finance
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