Vega Announces New U.S. Headquarters in Ohio

SourceThomas Insights
Date Published01/21/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name VEGA Americas, Inc.
Parent companyVEGA Grieshaber KG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):50
Country(ies) from which reshored:Germany
City reshored to:Mason
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredmeasurement technology for various industries
What domestic positive factors made reshoring more attractive?Government Incentives, Other, expansion
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