Eldor auto parts plant in Botetourt goes into production with 120 new jobs, plans to grow

SourceThe Roanoke Times
Date Published10/04/2018
Author NameAlison Graham
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ELDOR
Parent companyEldor Corp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2022
Capital investment ($):75
Country(ies) from which reshored:Italy
City reshored to:Botetourt County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto systems
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:1.3
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