Company/Division name | U.S. Strapping Company, Inc |
Parent company | FROMM Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 63 |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 34.6 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Lancaster |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | polyester (PET) strap |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market |