ZF investing $200 million in commercial vehicle transmission manufacturing

URLhttps://www.autoserviceworld.com/zf-investing-200-
SourceAuto Service World
Date Published02/04/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ZF North America
Parent companyZF Friedrichshafen AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Capital investment ($):200
Country(ies) from which reshored:Germany
City reshored to:Gray Court
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredZF PowerLine 8-speed automatic transmission
What domestic positive factors made reshoring more attractive?Infrastructure, Proximity to customers/market
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