Malaysian Billionaire Stanley Thai Invests $350 Million To Build Supermax’s Glove Manufacturing Plant In Texas

URLhttps://www.forbes.com/sites/yessarrosendar/2022/0
SourceForbes
Date Published03/23/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Supermax Corp
Parent companyMaxter Healthcare
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):350
Country(ies) from which reshored:Malaysia
City reshored to:Brazoria County
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredsingle-use nitrile gloves
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?, covid-19
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