Company/Division name | Tristone Flowtech USA Inc |
Parent company | Tristone Flowtech Group |
If manufacturing, is the company an OEM? | Yes |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 300 |
Year reshoring announced: | 2016 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 23.6 |
$/year of sales of reshored product or service: | 281 |
Country(ies) from which reshored: | Germany |
City reshored to: | Mooresville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | engine and battery cooling systems |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power), Impact on domestic economy |