Bobcat announces $26 million expansion at Litchfield manufacturing facility expected to triple the workforce

URLhttps://www.wctrib.com/business/4770854-Bobcat-ann
SourceWest Central Tribune
Date Published11/14/2019
Author NameCarolyn Lange
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bobcat
Parent companyDoosan
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):26
Country(ies) from which reshored:Korea, Republic of
City reshored to:Litchfield
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredattachments for loaders and excavators
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market
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