Swedish tool manufacturer expands in Oconee County

URLhttps://gsabusiness.com/news/manufacturing/81105/?
SourceGSA Business
Date Published09/21/2021
Author NameMolly Hulsey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sandvik Coromant
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:Sweden
City reshored to:Westminster
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredend drills, mills and taps for cutting metal
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Proximity to customers/market
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