Auto industry parts supplier expanding Indiana operations

SourceThe Tribune
Date Published12/10/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Omen USA
Parent companyOmen Casting Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2022
Capital investment ($):15
Country(ies) from which reshored:Israel
City reshored to:Richmond
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaluminum drivelines, steering components, oil pump
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, meet growing demand
Government Incentive dollar amount:1.6 million
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