Company/Division name | STI |
Parent company | STI |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 137 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2014 |
Year reshoring implemented or to be implemented: | 2014 |
Offshore, work was done: | Both |
Domestically, the work will be done: | In-house |
Capital investment ($): | 22.5 |
Country(ies) from which reshored: | China |
City reshored to: | King's Mountain |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | Fabrics |
What non-domestic negative factors made offshoring less attractive? | , No factors mentioned |
What domestic positive factors made reshoring more attractive? | Automation/technology, Impact on domestic economy, Opp'y to expand as prodctn shifts back from China |