Owen Steel invests $3 million into Richland County plant

SourceWis news
Date Published08/18/2022
Author NameNevin Smith
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Owen Steel Co
Parent companyOwen Steel Co
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):22
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Capital investment ($):3
City reshored to:Colombia
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel structures
What domestic positive factors made reshoring more attractive?Automation/technology, Customization/Flexibility, Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Skilled workforce availability/training
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