Governor Abbott Announces New CGT Manufacturing Facility In New Braunfels

SourceThe Gilmer Mirror
Date Published01/05/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name CGT U.S. Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):275
Year reshoring announced:2016
Capital investment ($):80
Country(ies) from which reshored:Canada
City reshored to:New Braunfels
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Coated Fabrics and Films
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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