Company/Division name | Schaeffler Group USA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 40 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 56 |
Country(ies) from which reshored: | Germany |
City reshored to: | Joplin |
State(s) reshored to: | MO |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | ball bearings |
What non-domestic negative factors made offshoring less attractive? | Delivery |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Lead time/Time to market, Skilled workforce availability/training, covid-19 |