Nord-Lock Group Expands Operations in Allegheny County, Pennsylvania

URLhttps://www.areadevelopment.com/newsItems/6-19-201
SourceArea Development
Date Published06/19/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nord-Lock Group
Parent companyNord-Lock Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):37
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):4
Country(ies) from which reshored:Sweden
City reshored to:Allegheny County
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredsecure bolting system
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Government Incentive dollar amount:.15
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