KV Final launching permanent operation

URLhttps://gsabusiness.com/news/automotive/75679/
SourceGSA Business
Date Published12/07/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name KV Final
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:In-house
Capital investment ($):2.5
Country(ies) from which reshored:Czech Republic
City reshored to:Spartanburg
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Transportation Equipment
Product(s) reshoredstamped, machined and welded parts for automotive
What domestic positive factors made reshoring more attractive?Eco-system synergies
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