Insulation Maker Creating 100 Jobs In North Carolina

URLhttp://businessfacilities.com/2016/11/north-caroli
SourceBusiness Facilities
Date Published11/04/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredthermal 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
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