Fibertex Breaks Ground, Expects to Begin Hiring Process in April

URLhttp://www.courier-tribune.com/news/20180322/fiber
SourceThe Courier-Tribune
Date Published03/22/2018
Author NameJ.D. Walker
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Fibertex Personal Care
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):145
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):114
Country(ies) from which reshored:Denmark
City reshored to:Asheboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredspunbond/spunmelt nonwovens
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
Government Incentive dollar amount:2.1 million
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