German company to create 100 jobs in Banks County

SourceAtlanta Business Chronicle
Date Published08/20/2018
Author NameDave Williams
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SELIT North America
Parent companySELIT Europe
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Capital investment ($):45
Country(ies) from which reshored:Germany
City reshored to:Banks County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredfoam flooring
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market
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