Company/Division name | Koinonia Ltd. |
Parent company | Koinonia Fitas e Pecas Tecnicas e Espumas Ltda |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 40 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2017 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 4.9 |
Country(ies) from which reshored: | Brazil |
City reshored to: | Radford |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power) |
Government Incentive dollar amount: | 100000 |