Company/Division name | DRÄXLMAIER Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 460 |
Year reshoring announced: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 42.7 |
Country(ies) from which reshored: | Germany |
City reshored to: | Duncan |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | interiors for automobiles and plastic components |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Skilled workforce availability/training, growing US demand |
Government Incentive dollar amount: | $500,000 |