Two grand openings mark almost 100 jobs

URLhttp://www.blueridgenow.com/news/20180618/two-gran
Sourcewww.blueridgenow.com/
Date Published06/20/2018
Author NameDerek Leacy
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Demmel Inc.
Parent companyDemmel Inc.
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):4
Country(ies) from which reshored:Germany
City reshored to:East Flat Rock
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredemblems and silplates for BMW and Tesla
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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