Textile company invests $15M in Union County

SourceGSA Business
Date Published06/16/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Standard Textile
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):45
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Offshore, work was done:In-house
Capital investment ($):15
City reshored to:Union County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredbarrier fabric used
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity, covid-19
Government Incentive dollar amount:$400,000
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