IPEX Celebrates Grand Opening of U.S. Technological Flagship Manufacturing Facility

SourceASPE Pipeline
Date Published10/05/2023

Additional Reshoring Information:

Company/Division name IPEX
Parent companyAliaxis
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) reshoredpipe 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
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