Electrolux Reinitiates U.S. Manufacturing and Product Investment, Announces Manufacturing Consolidation Projects

URLhttps://www.prnewswire.com/news-releases/electrolu
SourceCision PR Newswire
Date Published01/31/2019
Author NameJustin Dawes
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kaidi, LLC
Parent companyChangzhou Kaidi Electrical Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):95
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):2
Country(ies) from which reshored:China
City reshored to:Holland
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectromechanical actuators
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market
Government Incentive dollar amount:.45
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