Company/Division name | Mack Trucks |
Parent company | Volvo Group of Sweden |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 250 |
Year reshoring announced: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 13 |
Country(ies) from which reshored: | Sweden |
City reshored to: | Glenvar |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | mack trucks |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives |
Government Incentive dollar amount: | $1.55 million |