Walz announces $200 million Duluth manufacturing expansion

URLhttps://www.cbsnews.com/minnesota/video/walz-annou
Sourcecbsnews.com
Date Published10/17/2024

Additional Reshoring Information:

Company/Division name Sofidel
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):160
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Italy
City reshored to:Duluth
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredpaper products, tissue
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$5 million from state
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