Bortec USA to Establish First US Production Facility in Tennessee

URLhttps://www.expansionsolutionsmagazine.com/bortec-
SourceExpansion Solutions Magazine
Date Published05/13/2024

Additional Reshoring Information:

Company/Division name BorTec USA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):35
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):3.1
Country(ies) from which reshored:Germany
City reshored to:Johnson City
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredcorrosion-resistant pipes for oil and gas
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity
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