In March 2020, Ireland-based Kerry Group announced plans to spend $125 million to expand production at its

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In March 2020, Ireland-based Kerry Group announced plans to spend $125 million to expand production at its Georgia plant. The new investment would allow Kerry to double production at the plant, especially in the seafood, poultry, and alternative protein markets. Also in 2020, German auto parts supplier GEDIA Automotive Group announced plans to build an $85 billion plant in Georgia, and Mercedes-Benz Vans announced plans to build a $500 billion plant in South Carolina. What are some of the reasons that foreign manufacturers of products as diverse as food, auto parts, and vans might arrive at the same conclusion to build plants in the United States?

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Question Posted: Nov 11, 2022 04:59 AM

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In March 2020, Ireland-based Kerry Group announced plans to spend $125 million to expand production at its

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The reasons include i US competitive taxation with one of the lowest corporat...View the full answer

Corporate Finance

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