Company/Division name | Continental Tire the Americas LLC |
Parent company | Schaeffler Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 20 |
Country(ies) from which reshored: | Germany |
City reshored to: | Fort Mill |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | tires, car tires, SUV tires |
What domestic positive factors made reshoring more attractive? | Government Incentives, Under-utilized capacity |
Government Incentive dollar amount: | $2.6 million |