Bosch to invest $360M in North American locations

URLhttps://gsabusiness.com/news/automotive/80626/?utm
SourceGSA Business Report
Date Published06/09/2021
Author NameMolly Hulsey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bosch North America
Parent companyBosch Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):80
Country(ies) from which reshored:Germany
City reshored to:Charleston
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredpowertrains, engines
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?, covid-19, increased demand
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