Auto industry supplier Sundaram-Clayton expanding Charleston-area manufacturing site

URLhttps://www.postandcourier.com/business/auto-indus
SourceThe Post and Courier
Date Published11/29/2018
Author NameDavid Wren
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sundaram-Clayton Limited
Parent companySundaram-Clayton
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2023
Capital investment ($):40
Country(ies) from which reshored:India
City reshored to:Ridgeville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaluminum cast products
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Proximity to customers/market, Under-utilized capacity
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