Cormo USA Inc. to plant first US production in Rushville

SourceRushville Republican
Date Published05/06/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Cormo USA Inc
Parent companyCormo AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2023
Capital investment ($):29.5
Country(ies) from which reshored:Switzerland
City reshored to:Rushville
State(s) reshored to:IN
If relevant, work nearshored to:-
Product(s) reshoredby-product of agricultural
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training
Government Incentive dollar amount:3.5
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