3D metal printing company investing $1.9M to open facility in Danville, creating new jobs

Date Published08/12/2019
Author NameElizabeth Tyree
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gefertec, LLC
Parent companyGefertec GmbH
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):8
Year reshoring announced:2019
Capital investment ($):1.9
Country(ies) from which reshored:Germany
City reshored to:Danville
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshored3D printed metal products
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Eco-system synergies, Government Incentives, Lower real-estate/construction cost, Proximity to customers/market
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