German auto parts manufacturer chooses Kilgore for new U.S. hub

SourceLongview News-Journal
Date Published05/08/2019
Author NameJames Draper
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Wagner Tuning
Parent companyWagner Tuning
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):30
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):6.25
Country(ies) from which reshored:Germany
City reshored to:Kilgore
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:.817
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