Automotive company to bring 300 jobs to Iredell

SourceStatesville Record and Landmark
Date Published12/21/2017
Author NameJohn Deem
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tristone Flowtech USA Inc
Parent companyTristone Flowtech Group
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2018
Capital investment ($):23.6
$/year of sales of reshored product or service:281
Country(ies) from which reshored:Germany
City reshored to:Mooresville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredengine and battery cooling systems
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure (transport, internet, power), Impact on domestic economy
Find Reshoring Articles