Company/Division name | Fab-Con Machinery Development Corporation |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 27 |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 5.3 |
City reshored to: | Salisbury |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles, Machinery |
Product(s) reshored | equipment for textile industry |
What non-domestic negative factors made offshoring less attractive? | Intellectual property risk, Total cost |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training |