Textile companies go high tech in Arkansas

SourceChina Daily
Date Published07/25/2017
Author NameMay Zhou and Zhang Yuan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Shandong Ruyi Technology Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):800
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):410
Country(ies) from which reshored:China
City reshored to:Forrest City
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredTextile (yarn)
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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