Manufacturing Company Opened In Century Last Week. Now They Are Ready For $1.6 Million Expansion.

URLhttp://www.northescambia.com/2025/01/manufacturing
SourceNorthEscambia.com
Date Published01/30/2025

Additional Reshoring Information:

Company/Division name AlgaPlast
Parent companyGrupa GA230
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):10
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2026
Capital investment ($):1.6
Country(ies) from which reshored:Brazil
City reshored to:Century
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredplastic injection products and custom metal parts
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market
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