Borbet Investing $24M In Alabama Expansion

URLhttps://businessfacilities.com/2020/03/borbet-inve
SourceBusiness Facilities
Date Published03/05/2020

Additional Reshoring Information:

Company/Division name Borbet Alabama
Parent companyBorbet
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Capital investment ($):23.9
Country(ies) from which reshored:Germany
City reshored to:Auburn
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredmetal alloy wheels
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Lean/other business process improvement techniques, Skilled workforce availability/training
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