Company/Division name | FITT USA |
Parent company | FITT |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 20 |
Country(ies) from which reshored: | Italy |
City reshored to: | Anderson |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | hoses for residential and commercial |
What domestic positive factors made reshoring more attractive? | Skilled workforce availability/training, Under-utilized capacity |