Gerdau Plans $80M EAF Modernization, Automation

SourceForging Magaxine
Date Published09/25/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gerdau Special Steel North America
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Capital investment ($):80
Country(ies) from which reshored:Brazil
City reshored to:Monroe
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredcarbon and alloy SBQ steel bars
What domestic positive factors made reshoring more attractive?Automation/technology, Lean/other business process improvement techniques, Other
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