Steel Fabricator to Upfit North Carolina Factory in Nearly $21 Million Investment

URLhttps://www.thomasnet.com/insights/steel-fabricato
Sourcehttps://www.thomasnet.com
Date Published08/18/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Steffes
Parent companySteffes
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):130
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):20
City reshored to:Shelby
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredSteel fabrication and electrical work
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:1.4 M state grant.
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