Company/Division name | LeMond Composites |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Kept from Offshoring |
Total number of jobs (added or to be added): | 242 |
Year reshoring announced: | 2016 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 125 |
City reshored to: | Oakridge |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Low-Cost Carbon Fiber Composites |
What domestic positive factors made reshoring more attractive? | Infrastructure, Proximity to customers/market, Skilled workforce availability/training |