Company/Division name | Novatech Group |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2016 |
Year reshoring implemented or to be implemented: | 2016 |
Offshore, work was done: | In-house |
Domestically, the work will be done: | In-house |
Capital investment ($): | 3 |
Country(ies) from which reshored: | Canada |
City reshored to: | Henry County |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | patio doors |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power), Proximity to customers/market |
Government Incentive dollar amount: | 130,000 |