Idaho announces foreign investment from Dutch company building $90M cold storage warehouse in Burley

SourceMagic Valley
Date Published06/21/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NewCold
Parent companyNewCold
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2018
Capital investment ($):90
Country(ies) from which reshored:Netherlands
City reshored to:Burley
State(s) reshored to:ID
If relevant, work nearshored to:-
Product(s) reshoredfrozen storage
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market
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