Company/Division name | New Balance Athletics, Inc. |
Parent company | New Balance Athletics, Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 400 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 65 |
City reshored to: | Skowhegan |
State(s) reshored to: | ME |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | apparel; athletic shoes |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Image/brand, Lean/other business process improvement techniques |