Company/Division name | Lynddahl Telecom America |
Parent company | Lynddahl Telecom |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 54 |
Year reshoring announced: | 2024 |
Capital investment ($): | 5.6 |
Country(ies) from which reshored: | Norway |
City reshored to: | Belmont |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | duct solutions company for fiber optics |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Skilled workforce availability/training, One North Carolina Fund performance-based grant |
Government Incentive dollar amount: | $100k |