Eyewear company Article One closes a $1.5 million funding round

SourceCrain's Detroit
Date Published05/31/2017
Author NameTom Henderson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Article One
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):1.5
Country(ies) from which reshored:Italy
City reshored to:Flint
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Miscellaneous – subset non Hobbies, eyewear
Product(s) reshoredeyewear, eye glasses
What domestic positive factors made reshoring more attractive?Impact on domestic economy
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