Norton Shores manufacturer to invest $2.5M in expansion

URLhttps://www.mlive.com/news/muskegon/index.ssf/2018
SourceMichigan Live
Date Published10/07/2018
Author NameJustin McGuire
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TGW Systems
Parent companyTW 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) reshoredGrowing warehouse automation
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Government Incentives, Under-utilized capacity
Government Incentive dollar amount:50% tax abatement
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