New Balance plans 120,000-square-foot manufacturing facility in Londonderry

SourceNH Business Review
Date Published06/07/2023

Additional Reshoring Information:

Company/Division name New Balance
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):450
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):65
City reshored to:Londonderry
State(s) reshored to:NH
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredshoes
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Automation/technology, Image/brand
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