Forza Steel Invests $60M in Manufacturing Facility

URLhttps://texasborderbusiness.com/forza-steel-invest
SourceTexas Border Business
Date Published05/08/2023

Additional Reshoring Information:

Company/Division name Forza Steel USA
Parent companyForza Steel
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2023
Capital investment ($):60
Country(ies) from which reshored:Mexico
City reshored to:Port of Brownsville
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredCarbon Steel Pipes
What non-domestic negative factors made offshoring less attractive?Social/ethical concerns, Supply chain interruption
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Proximity to customers/market
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