AMMEGA invests $100 million in Ammeraal Beltech, Megadyne facilities

URLhttps://industrialsupplymagazine.com/pages/News-11
SourceIndustrial Supply
Date Published11/17/2023

Additional Reshoring Information:

Company/Division name Megadyne
Parent companyAMMEGA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Netherlands
City reshored to:Reading
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredPower transmission belting
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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