Gov. McAuliffe announces 405 new jobs at old Ball Corp. in Bristol

URLhttp://www.heraldcourier.com/news/gov-mcauliffe-an
SourceBristol Herald Courier
Date Published12/12/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Merchant, Inc.
Parent companyMerchant House Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):405
Year reshoring announced:2017
Capital investment ($):19.9
Country(ies) from which reshored:Hong Kong
City reshored to:Bristol
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredhand and bath towels
What non-domestic negative factors made offshoring less attractive?Green considerations, Tariffs, Total cost
What domestic positive factors made reshoring more attractive?Government Incentives, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
Government Incentive dollar amount:890,000
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