LINAK U.S. Begins $22 Million Expansion In Louisville, Kentucky

URLhttp://www.areadevelopment.com/newsItems/5-9-2017/
Sourceareadevelopment.com
Date Published05/09/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Linak U.S.
Type of work Manufacturing
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:2017
Year reshoring implemented or to be implemented:2017
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):Machinery
Product(s) reshoredlinear actuators
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:3.5 million
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