Pratt Industries To Invest $500M In Pennsylvania

URLhttps://businessfacilities.com/pratt-industries-to
SourceBusiness Facililties
Date Published09/28/2023

Additional Reshoring Information:

Company/Division name Pratt Industries
Parent companyPratt Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):800
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):1000
Country(ies) from which reshored:Austria
City reshored to:Multiple Sites
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredcorrugated packaging
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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