Global Textile Company Selects Randolph County for First U.S. Manufacturing Location

URLhttp://www.pressreleasepoint.com/global-textile-co
Sourcepressreleasepoint.com
Date Published04/03/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MAS Holdings
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):133
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):20
Country(ies) from which reshored:Sri Lanka
City reshored to:Asheboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredApparel
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:575,000
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