Factory Update: 3 Surprising Developments in US Manufacturing

Date Published06/20/2016
Author NameIan Wright
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TREMEC
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Year reshoring announced:2016
Capital investment ($):54
Country(ies) from which reshored:Mexico
City reshored to:Wixom
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Transmissions
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
Government Incentive dollar amount:731,500
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