Vacant American Axle plant gets new life making green construction equipment

SourceThe Buffalo News
Date Published06/27/2018
Author NameJonathan Epstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Viridi Parente Inc
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):38
Capital investment ($):7
City reshored to:Buffalo
State(s) reshored to:NY
If relevant, work nearshored to:-
Product(s) reshoredlithium ion battery packs
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Under-utilized capacity
Government Incentive dollar amount:1.5
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