Taiwan-Based Everest Textile USA Plans Manufacturing Facility In Forest City, North Carolina

Date Published12/07/2016
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Everest Textile USA
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):610
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2021
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):18.5
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Forest City
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredsports and casual apparel
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$3 million grant
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