Company/Division name | Hefei Risever Machinery |
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): | 130 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 20 |
Country(ies) from which reshored: | China |
City reshored to: | Jonesboro |
State(s) reshored to: | AR |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products, Machinery |
What domestic positive factors made reshoring more attractive? | Infrastructure (transport, internet, power), U.S. price of natural gas/chemicals/electricity |