Upholstery sales buoy fabric suppliers' investments

SourceFurniture Today
Date Published01/02/2017
Author NameCindy W. Hodnett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name STI
Parent companySTI
Reshoring category:Reshoring
Total number of jobs (added or to be added):137
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2014
Offshore, work was done:Both
Domestically, the work will be done:In-house
Capital investment ($):22.5
Country(ies) from which reshored:China
City reshored to:King's Mountain
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredFabrics
What non-domestic negative factors made offshoring less attractive?, No factors mentioned
What domestic positive factors made reshoring more attractive?Automation/technology, Impact on domestic economy, Opp'y to expand as prodctn shifts back from China
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