German Copper Manufacturing Subsidiary Bringing Jobs to New Kentucky Headquarters

URLhttps://www.thomasnet.com/insights/german-copper-m
SourceThomasNet
Date Published03/11/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Wieland North America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):8.8
Country(ies) from which reshored:Germany
City reshored to:Louisville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredcopper and copper alloy products
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:$3 million in state tax incentives
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