Company/Division name | Bharat Forge America |
Parent company | Kalyani Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 304 |
Year reshoring announced: | 2019 |
Capital investment ($): | 127.3 |
Country(ies) from which reshored: | India |
City reshored to: | Lee County |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | aluminum forging for auto parts |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | 3.5 |