$112.5 million manufacturing facility proposed for old Nike warehouse in Memphis

URLhttps://www.commercialappeal.com/story/money/busin
Sourcehttps://www.commercialappeal.com
Date Published01/17/2022
Author NameCorinne S Kennedy
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MHR Fund Management LL
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):400
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):112.5
City reshored to:Memphis
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredShipping container
What domestic positive factors made reshoring more attractive?Government Incentives
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