Company/Division name | Alcorta Forging Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 15 |
Country(ies) from which reshored: | Spain |
City reshored to: | Marysville |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings), Transportation Equipment |
Product(s) reshored | automotive components |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training |