New Balance breaks ground on Londonderry plant, expanding company’s commitment to U.S. manufacturing to NH

URLhttps://biz.manchesterinklink.com/new-balance-brea
Sourcebiz.manchesterinklink.com
Date Published11/20/2023

Additional Reshoring Information:

Company/Division name New Balance
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):70
City reshored to:Londonderry
State(s) reshored to:NH
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredathletic shoes
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Image/brand, Impact on domestic economy, Lean/other business process improvement techniques, Skilled workforce availability/training
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