Company/Division name | IPEX |
Parent company | Aliaxis |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 200 |
Country(ies) from which reshored: | Belgium |
City reshored to: | Pineville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | pipe extrusion |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Automation/technology, Better Control of Process/Delivery/Factory, Customization/Flexibility, Eco-system synergies, Government Incentives, Higher productivity, Intellectual property risk , Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, North Carolina Training Grant |
Government Incentive dollar amount: | $345,500 |