Boston Metal Receives $50 Million Grant to Construct New Facility in Weirton

URLhttps://www.brookereview.com/2023/11/30/boston-met
SourceThe Brooke County Review
Date Published11/30/2023

Additional Reshoring Information:

Company/Division name Boston Metal
Parent companyBoston 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) reshoredclean 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
Find Reshoring Articles