Company/Division name | Wagner Tuning |
Parent company | Wagner Tuning |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 6.25 |
Country(ies) from which reshored: | Germany |
City reshored to: | Kilgore |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | auto parts |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | .817 |