Organic Manufacturer Pumps $10.9 Million in North Carolina Facility

SourceSourcing Journal
Date Published09/16/2022
Author NameArthur Friedman
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BIOPHIL Natural Fibers
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):41
Year reshoring announced:2022
Capital investment ($):10.9
City reshored to:Lumberton
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, Organic raw materials, Hemp
Product(s) reshoredprocesses hemp stalk, Hemp fiber bag, Hemp Hurd
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Raw Materials Cost, Under-utilized capacity
Government Incentive dollar amount:A performance-based grant of $125,000
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