Tristone opens US production plant

SourceEuropean Rubber Journal
Date Published05/01/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tristone Flowtech Group
Parent companyTristone Flowtech Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):23
Country(ies) from which reshored:Germany
City reshored to:Mooresville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredrubber hoses for the automobile industry
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Proximity to customers/market, Other, jobs for the local community
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