Italian Manufacturer Eldor Corporation Bringing 350 Jobs to Botetourt Co.

SourceWDBJ News 7
Date Published03/14/2016
Author NameNoel Saunders
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ELDOR
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):350
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):75
Country(ies) from which reshored:Italy
City reshored to:Greenfield
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredSystems for Electric and Hybrid Vehicles
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:3.2 Million
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