Company/Division name | AIT Group USA, Inc. |
Parent company | Acoustic & Insulation Techniques (AIT Group) |
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): | 45 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 12 |
Country(ies) from which reshored: | Spain |
City reshored to: | Augusta |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | insulation & vibration absorbers for automobiles |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Lower real-estate/construction cost, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity |