Manufacturer Expected to Bring 48 Jobs, Invest Millions

URLhttp://www.wltx.com/news/local/chinese-manufacture
Sourcewltx.com
Date Published06/20/2017
Author NameChuck Ringwalt
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hengshi USA Wind Power Materials Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):48
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):6.6
Country(ies) from which reshored:China
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredfiberglass - wind turbine blade material
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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