Higher U.S. Steel Prices Hurt, Help Schaeffler

SourceThe Wall Street Journal
Date Published05/08/2018
Author NameNina Trentmann
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Schaeffler Group USA
Parent companySchaeffler Technologies AG & Co
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Country(ies) from which reshored:Germany
City reshored to:Valley City
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Transportation Equipment
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Raw Materials Cost
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