DAG investing $10M in US to shift production from China

URLhttps://www.plasticsnews.com/news/dag-investing-10
SourcePlastics News
Date Published10/13/2021

Additional Reshoring Information:

Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):10.6
Country(ies) from which reshored:China
City reshored to:Grand Blanc
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoreddecorative wheel trim
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Impact on domestic economy, Proximity to customers/market
Government Incentive dollar amount:$300,000 performance-based grant
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