Finland-Based Teknoware Locates Manufacturing Campus In Conway, South Carolina

URLhttp://www.areadevelopment.com/newsItems/11-15-201
SourceArea Development
Date Published11/15/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Teknoware
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):45
Year reshoring announced:2017
Domestically, the work will be done:In-house
Capital investment ($):5.8
Country(ies) from which reshored:Finland
City reshored to:Conway
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredInterior and Emergency Lighting
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
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