IKO Northeast Celebrates Grand Opening

URLhttps://www.prnewswire.com/news-releases/iko-north
SourcePR Newswire
Date Published04/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name IKO
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):40
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):70
Country(ies) from which reshored:Belgium
City reshored to:Hagerstown
State(s) reshored to:MD
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredthermoplastic polyolefin (TPO)
What domestic positive factors made reshoring more attractive?Lean/other business process improvement techniques, Proximity to customers/market
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