Shanghai's Ino Industrial Belting Adds U.S. Presence With Buffalo, NY Fabrication Shop

SourceIndustrial Distribution
Date Published02/14/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ino USA
Parent companyIno Industrial Belting Co. Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):4
Year reshoring announced:2022
Capital investment ($):1.5
Country(ies) from which reshored:China
City reshored to:Buffalo
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredfabricated belting
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Infrastructure, Lead time/Time to market, Proximity to customers/market
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