MI: Kiekert to Invest $3M, Move to New Wixom Facility, Add 30 Jobs

URLhttp://www.tradeandindustrydev.com/industry/automo
SourceTrade & Industry Development
Date Published05/16/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kiekert
Parent companyHebei 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) reshoredautomotive 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
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