Company/Division name | Saertex MultiCom |
Parent company | SAERTEX GmbH & Co. KG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 45 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 25 |
Country(ies) from which reshored: | Germany |
City reshored to: | Huntersville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | fiberglass and carbon liner |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Higher productivity, Infrastructure, Proximity to customers/market |