Columbus McKinnon Corporation Expands Wadesboro, North Carolina, Operations

SourceArea Development
Date Published04/20/2018
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Parent companyColumbus McKinnon Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):5.4
Country(ies) from which reshored:Germany
City reshored to:Wadesboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredSTAHL line cranes and hoists
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Under-utilized capacity, grant from One North Carolina fund
Government Incentive dollar amount:60,000
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