German auto parts maker beefs up Charleston presence with new plant

URLhttps://www.postandcourier.com/business/german-aut
SourceThe Post and Courier
Date Published03/15/2018
Author NameDavid Wren
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name IFA North America
Parent companyIFA Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Capital investment ($):60
Country(ies) from which reshored:Germany
City reshored to:Summerville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Impact on domestic economy, Proximity to customers/market
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