Local manufacturers look toward automation with $3.3 million state funding boost

SourceBiz Times
Date Published03/05/2022
Author NameElizabeth Kelsey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Inventory Trading Co
Parent companyInventory Trading Co
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):180
Year reshoring announced:2022
Capital investment ($):3.3
City reshored to:Peosta
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredtextiles
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training
Find Reshoring Articles