Mercedes-Benz plant expansion set for 2022 completion

URLhttps://www.tuscaloosanews.com/story/news/2020/10/
SourceThe Tuscaloosa News
Date Published10/11/2020
Author NameJason Morton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mercedes-Benz U.S. International
Parent companyDaimler AG
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):373
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):53.6
Country(ies) from which reshored:Germany
City reshored to:Vance
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicles, all-electric SUV
What domestic positive factors made reshoring more attractive?Infrastructure, Under-utilized capacity
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