Alcorta Forging Group Expands to Marysville, Ohio, Announcing First U.S. Manufacturing Facility

URLhttps://columbusregion.com/news-events/press-relea
SourceColombus Region
Date Published06/17/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredautomotive components
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training
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