Ikea supplier Vinh Long to open first-ever Vietnamese manufacturing facility in U.S.

SourceWoodworking Network
Date Published03/27/2017
Author NameRobert Dalheim
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Vinh Long
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2017
Capital investment ($):15
Country(ies) from which reshored:Viet Nam
City reshored to:Morrilton
State(s) reshored to:AR
If relevant, work nearshored to:-
Product(s) reshoredparticleboard furniture for Ikea
What domestic positive factors made reshoring more attractive?Government Incentives, Raw Materials Cost
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