Investment from India leading to Good Clothing Company expansion

URLhttp://www.heraldnews.com/news/20180603/investment
SourceThe Herald News
Date Published06/03/2018
Author NameKevin P. O'Conner
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Good Clothing Company
Parent companyAKR Textiles
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2022
Capital investment ($):100
Country(ies) from which reshored:India
City reshored to:Fall River
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredClothing
What non-domestic negative factors made offshoring less attractive?Rising wages, Travel cost/time
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand, Proximity to customers/market, Raw Materials Cost, Under-utilized capacity
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