Botetourt County Announces Business Expansion at Greenfield

URLhttps://www.botetourtva.gov/CivicAlerts.aspx?AID=8
SourceBOCO
Date Published03/25/2025

Additional Reshoring Information:

Company/Division name Munters Global
Parent companyMunters Global
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):270
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2025
Capital investment ($):29.95
Country(ies) from which reshored:Sweden
City reshored to:Greenfield
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredHVAC
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market
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