Alstate Steel Expands Albuquerque, New Mexico, Operations

URLhttps://www.areadevelopment.com/newsItems/4-18-202
SourceArea Development
Date Published04/18/2022

Additional Reshoring Information:

Company/Division name Alstate Steel
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):28
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):2.5
City reshored to:Albuquerque
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:300,000
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