201 jobs Coming to High Point with New Manufacturing Facility

URLhttps://www.wfmynews2.com/article/money/companies/
SourceWFMY News 2
Date Published05/07/2018
Author NameCarrie Hodgin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Amada North America Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):201
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):87
Country(ies) from which reshored:Japan
City reshored to:High Point
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredhigh-precision press break bending equipment
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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