FCA leaders offer details on $400M revamping of transmission plant

SourceDaily News
Date Published03/05/2020
Author NameCarson Gerber
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Fiat Chrysler Automobile
Parent companyFCA North America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Capital investment ($):400
Country(ies) from which reshored:Italy
City reshored to:Kokomo
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredengine
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity
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