Tex-Tech Industries to invest $24 Million in Winston-Salem, N.C. expansion

SourceeTectile Communications.com
Date Published03/16/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tex-Tech Industries
Parent companyTex-Tech Industries
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):49
Year reshoring announced:2023
Capital investment ($):24.8
Country(ies) from which reshored:United States
City reshored to:Winston-Salem
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshored specialty textiles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:125,000
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