Governor confirms: Lotus Bakeries chooses Mebane over Belgium for $62 million expansion

SourceThe Alamance News
Date Published06/18/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lotus Bakeries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):90
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):62
Country(ies) from which reshored:Belgium
City reshored to:Mebane
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredbaked goods
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$680,000
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