Company/Division name | Boston Metal |
Parent company | Boston Metal |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 250 |
Year reshoring announced: | 2023 |
Capital investment ($): | 50 |
City reshored to: | Weirton |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | clean ultrapure chromium metal and high tempalloys |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Better Control of Process/Delivery/Factory, Government Incentives, Impact on domestic economy, Raw Materials Cost, DOE Adv. Energy Manu. and Recycling Grant |
Government Incentive dollar amount: | $50mil |