Company/Division name | SchaeferRolls Inc. |
Parent company | SchäferRolls GmbH & Co. KG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 31 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 12 |
Country(ies) from which reshored: | Germany |
City reshored to: | Covington |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | Polymer-based roll covers |
What domestic positive factors made reshoring more attractive? | Automation/technology, Customer responsiveness improvement, Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Impact on domestic economy, Labor concessions, Lead time/Time to market, Lean/other business process improvement techniques, Proximity to customers/market, Skilled workforce availability/training, Other, Sales and use tax exemptions |
Government Incentive dollar amount: | $100,000 |