Continental planning $9.3 million expansion of Norfolk plant

URLhttp://norfolkdailynews.com/news/continental-plann
SourceNorfolk Daily News
Date Published01/08/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredrubber for industrial hoses and whitewall tires
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Impact on domestic economy
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