Volkswagen Axle Supplier to Build New Tennessee Factory, Adding 240 Jobs

URLhttps://www.thomasnet.com/insights/volkswagen-axle
SourceThomas Insights
Date Published02/18/2021
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sese Industrial Services
Parent companyGrupo Sesé
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):240
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):42
Country(ies) from which reshored:Spain
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaxle components for electric vehicles, VW parts
What domestic positive factors made reshoring more attractive?Infrastructure, Skilled workforce availability/training
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