Company/Division name | Kronospan |
Parent company | Kronospan |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 125 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 350 |
Country(ies) from which reshored: | Australia |
City reshored to: | Oxford |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Wood & Paper Products |
Product(s) reshored | Oriented Strand Board (OSB) |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Higher productivity, Infrastructure, Proximity to customers/market |