Turkish textile company commits to Winston-Salem production plant

URLhttp://www.journalnow.com/business/business_news/l
SourceWinston-Salem Journal
Date Published06/20/2017
Author NameRichard Craver
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name HP Fabrics Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):260
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):1.1
Country(ies) from which reshored:Turkey
City reshored to:Winston-Salem
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredtextiles
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:250,000
Find Reshoring Articles