Kingspan Insulation to invest $27M to increase capacity in Frederick County

URLhttps://augustafreepress.com/kingspan-insulation-t
Sourcehttps://augustafreepress.com
Date Published04/13/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kingspan Insulation LL
Parent companyKingspan Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):37
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):27
Country(ies) from which reshored:Ireland
City reshored to: Winchester
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products, Plastic & Rubber Products, Wood & Paper Products
Product(s) reshoredinsulation, innovative building solutions
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:performance-based grant of $550,000
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