Only U.S. manufacturer of piston airplane engines gets $2 million state grant

SourcePenn Live
Date Published12/22/2017
Author NameJohn Beauge
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lycoming Engines
Parent companyAvco Corp
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):436
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Capital investment ($):12
Country(ies) from which reshored:United States
City reshored to:Williamsport
State(s) reshored to:PA
If relevant, work nearshored to:-
Product(s) reshoredpiston engines
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Image/brand (customer preference for U.S. made), Lead time/Time to market, Proximity to customers/market
Government Incentive dollar amount:2
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