New jobs coming to High Point in $6.75M manufacturing plant expansion

URLhttps://wraltechwire.com/2023/04/27/new-jobs-comin
Sourcewral techwire
Date Published04/27/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Vecoplan
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):33
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):6.75
Country(ies) from which reshored:Germany
City reshored to:High Point
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredshredding machines
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