Company/Division name | Gefertec, LLC |
Parent company | Gefertec GmbH |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 8 |
Year reshoring announced: | 2019 |
Capital investment ($): | 1.9 |
Country(ies) from which reshored: | Germany |
City reshored to: | Danville |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | 3D printed metal products |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Eco-system synergies, Government Incentives, Lower real-estate/construction cost, Proximity to customers/market |