$20 million plant coming to Jonesboro

URLhttp://www.wmcactionnews5.com/story/38437390/20-mi
SourceWMCA Action News 5
Date Published06/15/2018
Author NameLaura Gunter
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Risever Manufacturing Plant.
Parent companyRisever Manufacturing Plant.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2018
Capital investment ($):20
Country(ies) from which reshored:China
City reshored to:Jonesboro
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredheavy equipment machine parts
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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