Company/Division name | Altex Heat Exchanger Ltd. |
Parent company | Altex Heat Exchanger Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 58 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 110 |
Country(ies) from which reshored: | Canada |
City reshored to: | Columbus |
State(s) reshored to: | MS |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products, Machinery |
Product(s) reshored | shell and tube heat exchangers |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |