China-based Hefei Risever Machinery Plans Plant in Jonesboro, Arkansas

SourceArea Development
Date Published10/26/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hefei Risever Machinery
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2022
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):Fabricated Metal Products, Machinery
What domestic positive factors made reshoring more attractive?Infrastructure (transport, internet, power), U.S. price of natural gas/chemicals/electricity
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