German Forklift Maker Kion Plans U.S. Expansion to Avoid China Tariffs

URLhttps://www.wsj.com/articles/german-forklift-maker
SourceWall Street Journal
Date Published01/18/2019
Author NameNina Trentmann
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kion North American
Parent companyKion Group AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Country(ies) from which reshored:Germany
City reshored to:Summerville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredforklifts
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Image/brand, Other, import replacement
Find Reshoring Articles