Kelvion Expands Knoxville, Tennessee, Operations

SourceArea Development
Date Published09/16/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kelvion Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):74
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):3.8
Country(ies) from which reshored:Germany
City reshored to:Knoxville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredheat exchangers
What domestic positive factors made reshoring more attractive?Eco-system synergies
Find Reshoring Articles