Company/Division name | AKR Textiles |
Parent company | Good Clothing Company |
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: | 2018 |
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) reshored | Clothing |
What non-domestic negative factors made offshoring less attractive? | Delivery, Price, Rising wages, Total cost, Travel cost/time |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Government Incentives, Higher productivity, Infrastructure, Image/brand, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training |