Company/Division name | KraussMaffei Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Germany |
City reshored to: | Florence |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | plastic extrusion and injection molding |
What domestic positive factors made reshoring more attractive? | Automation/technology, Customer responsiveness improvement, Skilled workforce availability/training, Free Trade Zone status |