Parent company | Columbus McKinnon Corporation |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring implemented or to be implemented: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 5.4 |
Country(ies) from which reshored: | Germany |
City reshored to: | Wadesboro |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | STAHL line cranes and hoists |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Under-utilized capacity, grant from One North Carolina fund |
Government Incentive dollar amount: | 60,000 |