Plastic Components Manufacturer Invests $19.2 Million in North Carolina Expansion

URLhttps://www.thomasnet.com/insights/plastic-compone
Sourcehttps://www.thomasnet.com
Date Published11/03/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pöppelmann GmbH & Co. KG
Parent companyPöppelmann GmbH & Co. KG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):133
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):19
Country(ies) from which reshored:Germany
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$200,000
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