A cocoa processing company from the west African nation of Ghana is opening a local plant. Why did the company choose Franklin?

URLhttps://www.jsonline.com/story/money/2022/10/04/co
SourceMilwaukee Journal Sentinel
Date Published10/04/2022
Author NameRick Barrett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Niche Cocoa
Parent companyNiche Cocoa
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):36
Year reshoring announced:2022
Country(ies) from which reshored:Central African Republic
City reshored to:Franklin
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredcocoa powder, chocolates
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Find Reshoring Articles