German auto supplier plans $57.8 million expansion, 32 new jobs in Rochester Hills

SourceCrain's Detroit
Date Published09/28/2018
Author NameKurt Nagl
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kostal Kontakt Systems Inc.
Parent companyKostal Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):32
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2022
Capital investment ($):57.8
Country(ies) from which reshored:Germany
City reshored to:Rochester Hills
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectrical components and connectors
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$320,000 grant plus a 50% property tax break
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