Horn USA To Move into Expanded Headquarters Facility

SourceModern Machine Shop
Date Published08/05/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name HORN USA, Inc.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Country(ies) from which reshored:Luxembourg
City reshored to:Franklin
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Machinery
Product(s) reshoredprecision cutting tools, coating, toolholders
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market
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