Newberry County business expanding operations with $6 million expansion, creating 35 jobs

URLhttps://www.foxcarolina.com/news/newberry-county-b
SourceFox Carolina
Date Published10/03/2019
Author NameJon Randall
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MM Technics
Parent companyMuhr Metalltechnik
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):35
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):6
Country(ies) from which reshored:Germany
City reshored to:Newberry County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredmetal for autos
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Infrastructure, Impact on domestic economy, Proximity to customers/market
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