Kristi Corporation Establishes Suffolk, Virginia, Lumbering Facility

SourceArea Development
Date Published07/21/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kristi Corporation USA
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):10
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):1.1
Country(ies) from which reshored:Canada
City reshored to:Suffolk
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products, aluminum, steel metallurgy
Product(s) reshoredlogs, lumber, biomass
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Raw Materials Cost, Skilled workforce availability/training
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