City Council, Economic Development Corporation work to bring automotive plant to New Braunfels

SourceCommunity Impact Newspaper
Date Published01/11/2020
Author NameIan Pribanic
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Automotive Systems, Inc.
Parent companyContinental AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):576
Year reshoring announced:2020
Capital investment ($):110
Country(ies) from which reshored:Germany
City reshored to:New Braunfels
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive safety components
What domestic positive factors made reshoring more attractive?Government Incentives
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