URL | https://www.thomasnet.com/insights/new-balance-ann |
Source | thomasnet |
Date Published | 10/31/2022 |
Author Name | Andy Szal |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | New Balance |
Parent company | New Balance |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2022 |
Capital investment ($): | 70 |
City reshored to: | Lebanon |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | footwear |
What domestic positive factors made reshoring more attractive? | Automation/technology, Infrastructure, Image/brand, Proximity to customers/market, autoreshore |