URL | https://www.businesswire.com/news/home/20180402005 |
Source | Business Wire |
Date Published | 04/02/2018 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Cleveland-Cliffs Inc. |
Parent company | Cleveland-Cliffs Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 130 |
Capital investment ($): | 700 |
City reshored to: | Toledo |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | Hbi iron |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost |