MSS Steel Tubes USA to open first U.S. plant in Memphis, creating nearly 130 new jobs

URLhttps://www.actionnews5.com/2023/02/08/mss-steel-t
SourceNews 5
Date Published02/08/2023
Author NameMyracle Evans
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MSS Steel Tubes USA LLC
Parent companyMetalogalva Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):129
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):6
Country(ies) from which reshored:Portugal
City reshored to:Memphis
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel tubes
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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