Pandemic doesn't slow new auto supplier projects

URLhttps://www.plasticsnews.com/news/pandemic-doesnt-
SourcePlastics News
Date Published09/14/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Alcorta Forging Group
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):50
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):15
Country(ies) from which reshored:Spain
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredcar body, engine, powertrain and exhaust component
What domestic positive factors made reshoring more attractive?, invest for competitiveness
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