Company/Division name | Veetee Foods, Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 35.7 |
Country(ies) from which reshored: | United Kingdom |
City reshored to: | Selma |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Food & Beverage |
Product(s) reshored | heat-and-eat rice meals |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $996,750 |