Vehicle parts maker plans $7M tech center in Fishers

SourceIndianapolis Business Journal
Date Published12/19/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Thyssenkrupp Presta North America LLC
Parent companythyssenkrupp Steering
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):64
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Capital investment ($):7
Country(ies) from which reshored:Liechtenstein
City reshored to:Fishers
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Transportation Equipment
Product(s) reshoredsteering system
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:1
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