Company/Division name | Pratt Industries |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 300 |
Year reshoring announced: | 2022 |
Capital investment ($): | 500 |
Country(ies) from which reshored: | Australia |
City reshored to: | Henderson |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Wood & Paper Products |
Product(s) reshored | recycled paper and packaging |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Automation/technology, Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, clean energy |