Compin USA to produce rail passenger seats in Wayland, servicing Alstom's Amtrak contract

URLhttps://www.eveningtribune.com/story/news/2021/04/
SourceThe Evening Tribune
Date Published04/19/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Compin USA
Parent companyCompin/Fainsa
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):31
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:France
City reshored to:Wayland
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtrain seats for Amtrak
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:$80,000 in Excelsior Tax Credits
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