Sinomax USA Wins Walmart’s First “Investing In American Jobs Supplier Challenge Award”

URLhttp://www.furninfo.com/Furniture-Industry-News/74
SourceFurniture World
Date Published03/25/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sinomax USA
Parent companySinomax Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2015
Domestically, the work will be done:In-house
Capital investment ($):28
Country(ies) from which reshored:China
City reshored to:La Vergne
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredmemory foam for mattresses and pillow tops
What non-domestic negative factors made offshoring less attractive?Rising wages, Total cost
What domestic positive factors made reshoring more attractive?Government Incentives, Lead time/Time to market, Skilled workforce availability/training, Walmart
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