Company/Division name | Scholle IPN |
Parent company | SIG Group AG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 75 |
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 ($): | 31.1 |
Country(ies) from which reshored: | Switzerland |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | flexible packaging solutions |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Government Incentives, Infrastructure, Lead time/Time to market, Raw Materials Cost, Skilled workforce availability/training |
Government Incentive dollar amount: | $600,000 grant from the Commonwealth’s Opportunity |