Swedish-Based Nolato Expands St. Croix County, Wisconsin Manufacturing Center

URLhttp://www.areadevelopment.com/newsitems/9-10-2018
SourceArea Development
Date Published09/10/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nolato
Parent companyNolato
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):222
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2021
Capital investment ($):17.9
Country(ies) from which reshored:Sweden
City reshored to:Baldwin
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredPrecision medical plastics
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Higher productivity, Impact on domestic economy, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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