Michigan Welding Systems Company to Add 100 Manufacturing Jobs

URLhttps://news.thomasnet.com/featured/michigan-weldi
SourceThomasNet
Date Published11/06/2018
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name HTI Cybernetics
Parent companyHTI 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) reshoredautomated 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
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