Illinois Metal Mfr. Planning $25M Expansion

URLhttps://news.thomasnet.com/featured/illinois-metal
SourceThomas Publishing
Date Published06/25/2018
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Weiland Metals
Parent companyWeiland Metals
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):65
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:In-house
Capital investment ($):25
Country(ies) from which reshored:Germany
City reshored to:Wheeling
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredCopper Metal Tubes
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity
Government Incentive dollar amount:property tax incentives for 12 years
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