Company/Division name | Kiekert |
Parent company | Hebei LingYun Industrial Group Co., Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 3 |
Country(ies) from which reshored: | Germany |
City reshored to: | Wixam |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive locking systems |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Higher productivity, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |