Automotive supplier expands manufacturing in Mississippi

SourceAssociated Press
Date Published06/13/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name hago Automotive Corp.
Parent companyhago Automotive Corp.
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):60
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):4
Country(ies) from which reshored:Germany
City reshored to:Iuka
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredautomated stamping, transfer stamping, laser and c
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market
Government Incentive dollar amount:$500,000 grant for infrastructure, $3 million loan
Find Reshoring Articles