Israeli military textile maker gets $3.87 million to move from Brooklyn to Paterson

URLhttp://patersontimes.com/2017/11/16/israeli-milita
SourcePaterson Times
Date Published11/16/2017
Author NameJayed Rahman
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Yoland Corporation
Parent companyD. Yoland Ltd
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):50
Year reshoring announced:1999
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Country(ies) from which reshored:Israel
City reshored to:Paterson
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredmilitary textiles, parachutes
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand (customer preference for U.S. made)
Government Incentive dollar amount:3.87
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