Company/Division name | Valeo |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 70 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 5 |
Country(ies) from which reshored: | France |
City reshored to: | Bessemer |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | "auto supplier" |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Impact on domestic economy, Skilled workforce availability/training |