Parent company | Lifetime Products, Inc. |
Type of work | Manufacturing |
Reshoring category: | Kept from Offshoring |
Total number of jobs (added or to be added): | 500 |
Year reshoring announced: | 2016 |
Year reshoring implemented or to be implemented: | 2011 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 115.6 |
City reshored to: | Mascot |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Hobbies (subset of Miscelaneous) |
Product(s) reshored | Kayaks, water sports equipment |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Walmart |
Government Incentive dollar amount: | $2.6 million |