Company/Division name | Modine Manufacturing Company |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 60 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 7 |
City reshored to: | Richmond |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | cooling systems, thermal management systems |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity, Other, import replacement |
Government Incentive dollar amount: | $194,000 |