Ficosa Relocation to Cookeville, TN Retains Tennessee Jobs and Onshores Manufacturing

SourceEconomic Development Blog
Date Published05/27/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ficosa North America
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):550
Year reshoring announced:2015
Capital investment ($):58
Country(ies) from which reshored:Spain
City reshored to:Cookeville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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