Company/Division name | Variotech |
Parent company | Variotech |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 22 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2.2 |
Country(ies) from which reshored: | Germany |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | trays for automation |
What non-domestic negative factors made offshoring less attractive? | Burden on staff |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | 225000 |