U.S. titanium company to invest $867 million in new Fayetteville manufacturing site

URLhttps://abc11.com/post/us-titanium-company-america
Sourceabc11.com
Date Published07/25/2024

Additional Reshoring Information:

Company/Division name American Titanium Metals
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):300
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):867
City reshored to:Fayetteville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredTitanium
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
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