Company/Division name | PRCO America |
Parent company | Puyang Refractories Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 5.5 |
Country(ies) from which reshored: | China |
City reshored to: | Mayfield |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Product(s) reshored | resin bonded refractory ceramic shapes |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Government Incentives, Image/brand, Proximity to customers/market, tax incentives |
Government Incentive dollar amount: | $550,000 |