Company/Division name | TGW Systems |
Parent company | TW Systems |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 260 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 2.5 |
Country(ies) from which reshored: | Austria |
City reshored to: | North Shores |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Growing warehouse automation |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Government Incentives, Under-utilized capacity |
Government Incentive dollar amount: | 50% tax abatement |