New Partnership Focused on Machine Tool Industry Aims to Revitalize U.S. Manufacturing

Date Published04/25/2022
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Institute for Advanced Composites Manufacturing In
Parent companyInstitute for Advanced Composites Manufacturing In
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
City reshored to:Knoxville
State(s) reshored to:TN
If relevant, work nearshored to:-
Product(s) reshoredmachine tool
What domestic positive factors made reshoring more attractive?Government Incentives
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