South Carolina seeks $40.5M in state funds to reel in Chinese tire maker

URLhttp://www.postandcourier.com/business/chinese-tir
Sourcepostandcourier.com
Date Published06/05/2017
Author NameDavid Wren

Additional Reshoring Information:

Company/Division name Wanli Tire
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1200
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Capital investment ($):1000
Country(ies) from which reshored:China
City reshored to:Orangeburg County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredTires
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure (transport, internet, power)
Government Incentive dollar amount:40.5 million
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