Automotive Components Maker Announces $3 Million Expansion in Kentucky

URLhttps://www.thomasnet.com/insights/auto-components
SourceThomasNet
Date Published01/13/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name WABCO Americas
Parent companyWABCO Vehicle Control Systems
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):3
Country(ies) from which reshored:France
City reshored to:Hebron
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectronic braking, stability systems, suspensions
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Proximity to customers/market, Other, expansion
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