Newport News company opens $12m expansion

URLhttps://pilotonline.com/inside-business/news/banki
SourcePilot Online
Date Published03/05/2018
Author NameBriana Adhikusuma
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Muhlbauer International
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):20
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:Newport News
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredID card security
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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