New GF Linamar facility opens in Henderson County

URLhttp://wlos.com/news/local/new-gf-linamar-facility
SourceWLOS News 13
Date Published10/05/2017
Author NameRob Bradley
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GF Linamar
Parent companyGeorg Fischer/Linamar LLC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):100
$/year of sales of reshored product or service:1000
Country(ies) from which reshored:Canada,Switzerland
City reshored to:Henderson County
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredPowertrain Components
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Skilled workforce availability/training
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