Manufacturer will invest $68M to establish US operations in Allendale County

URLhttps://columbiabusinessreport.com/news/manufactur
SourceColumbia Business Report
Date Published03/14/2023
Author NameChristina Lee Knauss
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tin Thanh Group Americas
Parent companyTin Thanh Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1031
Year reshoring announced:2023
Capital investment ($):68
Country(ies) from which reshored:Viet Nam
City reshored to:Fairfax
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredTire
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market
Government Incentive dollar amount:$1M Rural Infrastructure Fund grant to county
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