Belgium-based Lotus Bakeries Plans Manufacturing Plant in Mebane, NC

URLhttp://www.areadevelopment.com/newsItems/11-7-2016
SourceAreaDevelopment.com
Date Published11/07/2016
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lotus Bakeries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2020
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):48
Country(ies) from which reshored:Belgium
City reshored to:Mebane
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$180,000
Find Reshoring Articles