Fabrics Manufacturer Announces $82 Million North Carolina Expansion

URLhttps://www.thomasnet.com/insights/fabrics-manufac
Sourcehttps://www.thomasnet.com/
Date Published09/06/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Glen Raven
Parent companyGlen Raven
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):200
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 ($):82
City reshored to:Norlina
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredFabrics for awnings, upholstery, marine vessels,
What domestic positive factors made reshoring more attractive?Government Incentives, Warren County
Government Incentive dollar amount: $1 Million
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