Sweden-based Gränges Expands Manufacturing Complex in Newport, Arkansas

URLhttp://www.areadevelopment.com/newsItems/5-4-2018/
SourceArea Development
Date Published05/04/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gränges Americas Inc.
Parent companyGränges
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2018
Capital investment ($):26
Country(ies) from which reshored:Sweden
City reshored to:Newport
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredlight gauge foil
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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