Aging Michigan Paper Mill to Get $1 Billion Overhaul

URLhttps://www.thomasnet.com/insights/aging-michigan-
SourceThomasnet
Date Published02/14/2023
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Escanaba Mill
Parent companyBillerud Americas Corp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Capital investment ($):1000
Country(ies) from which reshored:Sweden
City reshored to:Escanaba
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredpulp and paper manufacturer
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Under-utilized capacity
Government Incentive dollar amount:200
Find Reshoring Articles