Company/Division name | Triangle Tire |
Parent company | Triangle Tyre Co. Ltd. |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 800 |
Year reshoring announced: | 2015 |
Year reshoring implemented or to be implemented: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 580 |
Country(ies) from which reshored: | China |
City reshored to: | Edgecombe County |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | automotive tires |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power), Skilled workforce availability/training, Other, open space and near similar industries |
Government Incentive dollar amount: | 152 |