Company/Division name | K-FLEX |
Type of work | Manufacturing |
Reshoring category: | Transplant |
Total number of jobs (added or to be added): | 295 |
Year reshoring announced: | 2016 |
Year reshoring implemented or to be implemented: | 2017 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 45 |
Country(ies) from which reshored: | Italy |
City reshored to: | Youngsville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | thermal and acoustic insulation, gaskets, seals an |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, growing demand in north america |
Government Incentive dollar amount: | $1.1 million over 12 years |