China-based CRRC Sifang America Hires Associates for Chicago Railcar Assembly Plant

URLhttp://www.areadevelopment.com/newsitems/3-5-2019/
SourceArea Development
Date Published03/05/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name CRRC Sifang America
Parent companyCRRC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):170
Year reshoring announced:2019
Capital investment ($):100
Country(ies) from which reshored:China
City reshored to:Chicago
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredrailcars
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Proximity to customers/market
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