New Braunfels Continental plant to employ more than 550

URLhttp://herald-zeitung.com/community_alert/article_
SourceNew Braunfels Herald-Zeitung
Date Published02/06/2020
Author NameWill Wright
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental North America
Parent companyContinental Automotive Systems, Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):110
Country(ies) from which reshored:Germany
City reshored to:New Braunfels
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredadvanced driver assistance systems (ASAD)
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Government Incentives, Other, expansion
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