Taiwanese textile company to bring 610 jobs to fabrics plant in Forest City

Date Published12/06/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Everest Textiles USA
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
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:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):18.5
$/year of sales of reshored product or service:16
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) reshoredFabric
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:3.1 million
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