Company/Division name | American Merchant, Inc. |
Parent company | Merchant 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) reshored | hand 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 |