Iredell commissioners approve tax incentives for Yanjan USA and ZND U.S.

URLhttps://www.iredellfreenews.com/news-features/2021
SourceIREDELL FREE NEWS
Date Published08/04/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ZND US
Parent companyZnd Draad B.V.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):5.1
Country(ies) from which reshored:Netherlands
City reshored to:Statesville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products
Product(s) reshoredtemporary fencing
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$89,6665
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