Mafic Debuts First US Manufacturing Facility in NC

URLhttps://www.cpexecutive.com/post/mafic-debuts-firs
SourceCommercial Property Executive
Date Published11/01/2016
Author NameLaura Calugar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mafic
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):113
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):15
Country(ies) from which reshored:Canada
City reshored to:Shelby
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredBasalt Fiber and Thermoplastic Resins
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:725,000
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