Company/Division name | Continental |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2019 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 9.3 |
Country(ies) from which reshored: | Germany |
City reshored to: | Norfolk |
State(s) reshored to: | NE |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | rubber for industrial hoses and whitewall tires |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Impact on domestic economy |