Parker Poe Attorneys and Consultants Collaborate to Help Global Manufacturer Open Its First U.S. Plant

Date Published05/17/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tristone Flowtech Group
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):300
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):23
Country(ies) from which reshored:Germany
City reshored to:Mooresville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredengine and battery cooling solutions
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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