SHOWA Group To Triple Domestic PPE Glove Production Capacity With Major Facility Expansion, DHHS Funding

URLhttps://finance.yahoo.com/news/showa-group-triple-
Sourcehttps://finance.yahoo.com
Date Published02/02/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Showa Group
Parent companyShowa Group Inc
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):35
City reshored to: Fayette
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredMedical PPE glove
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$81.3 million
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