China-based textile company bringing 800 jobs to Forrest City

URLhttp://katv.com/news/local/china-based-textile-com
SourceKATV local news
Date Published05/10/2017
Author NameKristen Wilson and Sarafina Brooks
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Shandong Ruyi Technology Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):800
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):410
Country(ies) from which reshored:China
City reshored to:Forrest City
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredTextiles
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Proximity to customers/market
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