Company/Division name | HTI Cybernetics |
Parent company | HTI Cybernetics |
Type of work | Manufacturing |
Reshoring category: | Kept from Offshoring |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 20 |
Country(ies) from which reshored: | Canada,Mexico |
City reshored to: | Sterling Heights |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | automated and robotic welding systems |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Proximity to customers/market, 50% property tax abatement |
Government Incentive dollar amount: | .6 |