Firearms manufacturer Steyr Arms Inshores Manufacturing To Bessemer, Alabama, Plant

URLhttp://www.areadevelopment.com/newsItems/6-23-2017
Sourceareadevelopment.com
Date Published06/23/2017
Author Nameunavailable
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Steyr Firearms
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2019
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):2.9
Country(ies) from which reshored:Austria
City reshored to:Bessemer
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredFirearms
What domestic positive factors made reshoring more attractive?Government Incentives
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