Brazil-based Solinftec Expands to West Lafayette, Indiana

URLhttp://www.areadevelopment.com/newsItems/12-1-2018
SourceArea Development
Date Published12/01/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Solinftec
Parent companySolinftec
Type of work IT
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):334
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2022
Capital investment ($):50.6
Country(ies) from which reshored:Brazil
City reshored to:W Lafayette
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, IoT,
Product(s) reshoredagricultural tech
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Government Incentives, Lean/other business process improvement techniques, Skilled workforce availability/training
Government Incentive dollar amount:6
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