Mercedes supplier opens $150M plant in Tuscaloosa County

URLhttps://www.bizjournals.com/birmingham/news/2018/0
SourceBirmingham Business Journal
Date Published04/29/2018
Author NameHanno Van Der Bijl
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Samvardhana Motherson Peguform
Parent company Samvardhana Motherson Peguform GmbH
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):1000
Capital investment ($):150
Country(ies) from which reshored:Germany
City reshored to:Tuscaloosa County
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts for Mercedes Benz
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market
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