Meggitt adding 83 jobs in Danville with $82.7M investment

URLhttps://www.lanereport.com/116576/2019/08/meggitt-
SourceThe Lane Report
Date Published08/30/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Meggitt Braking Systems
Parent companyMeggitt PLC
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):83
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2019
Capital investment ($):82.7
Country(ies) from which reshored:United Kingdom
City reshored to:Danville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredbraking systems
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:1.4
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