URL | https://cardinalnews.org/2023/02/08/the-first-comp |
Source | Cardinal News |
Date Published | 02/08/2023 |
Author Name | Grace Mamon |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | IperionX |
Parent company | IperionX |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 108 |
Year reshoring announced: | 2023 |
Capital investment ($): | 82.1 |
City reshored to: | Boston |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | titanium |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Image/brand, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, Under-utilized capacity, supply chain |