Automatic Coating to Locate U.S. Operation in Virginia

URLhttps://www.expansionsolutionsmagazine.com/automat
SourceExpansion Solutions Magazine
Date Published09/14/2023

Additional Reshoring Information:

Company/Division name Automatic Coating Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):22.8
Country(ies) from which reshored:Canada
City reshored to:Suffolk
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcorrosion coating
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:$200,000
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