To Support EV Production, Auto Supplier Invests $27 Million in Kentucky Expansion

Date Published11/29/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nemak
Parent companyNemak USA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):170
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Capital investment ($):27
Country(ies) from which reshored:Mexico
City reshored to:Glasgow
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaluminum components
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:2.5
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