Companies in Ionia, Oak Park and Spring Lake, Michigan, Plan Expansion

URLhttp://www.areadevelopment.com/newsitems/5-31-2018
SourceArea Development
Date Published05/31/2018
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bordrin Motor Corporation-NA
Parent companyBordrin Motor Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):62
Domestically, the work will be done:In-house
Capital investment ($):3.4
Country(ies) from which reshored:China
City reshored to:Oak Park
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredNew Energy Vehicle Development, Electric Cars R&D
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:$496,000
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