PRCO AMERICA BEINGS PRODUCTION

URLhttps://ced.ky.gov/Newsroom/NewsPage/06162020_PRCO
SourcePRCO America
Date Published08/26/2022

Additional Reshoring Information:

Company/Division name PRCO America
Parent companyPuyang 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
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