Continental Motors starts work on new Mobile factory

URLhttps://www.al.com/news/mobile/index.ssf/2018/08/c
SourceAL.com
Date Published08/05/2018
Author NameLawrence Specker
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Motors
Parent companyAVIC International Holding LTD
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2019
Capital investment ($):70
Country(ies) from which reshored:Hong Kong
City reshored to:Mobile
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaviation
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Automation/technology, Eco-system synergies, Government Incentives, Higher productivity, Impact on domestic economy, Lean/other business process improvement techniques, Proximity to customers/market, Other
Government Incentive dollar amount:.5
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