Aerofoam USA Plans Abbeville, South Carolina, Headquarters-Operations Complex

URLhttps://www.areadevelopment.com/newsitems/8-4-2022
SourceArea Development
Date Published08/04/2022

Additional Reshoring Information:

Company/Division name Aerofoam USA
Parent companyHira Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):11.5
Country(ies) from which reshored:United Arab Emirates
City reshored to:Abbeville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshorednytril buthene rubber, thermal acoustic products
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:600,000
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