Two manufacturers make $15m investment in Alabama facilities

URLhttps://www.bizjournals.com/birmingham/news/2018/0
SourceBirmingham Business Journal
Date Published02/23/2018
Author NameHanno van der Bijl
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mando America
Parent companyHalla Holdings Corp.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):15
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):10
Country(ies) from which reshored:Korea, Republic of
City reshored to:Opelika
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBrakes, suspensions, steering systems
What domestic positive factors made reshoring more attractive?Government Incentives
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