Manufacturing Solutions Center helping start-ups find footing, soar

URLhttps://www.etextilecommunications.com/news/manufa
Sourceetextilecommunications
Date Published02/23/2023
Author NameDevin Steele
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gregory Altman and Rebecca “Beck” Lacourture
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Capital investment ($):120
City reshored to:Conover
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredsilk proteins in fabrics
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
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