American Fiber Optic Group Inc., a Wholly Owned Subsidiary of Capstone Technologies Group Inc. (CBLY-OTC), Announces update on their new state-of-the-art Manufacturing Facility

URLhttp://www.marketwatch.com/story/american-fiber-op
Sourcemarketwatch.com
Date Published12/08/2016
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Fiber Optic Group
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):100
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Miscellaneous – subset non Hobbies, optical fiber manufacturing
Product(s) reshoredoptical fibers
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand, Impact on domestic economy, Skilled workforce availability/training
Find Reshoring Articles