ND Paper Expands-Upgrades Wisconsin and Maine Paper Mills

URLhttp://www.areadevelopment.com/newsItems/10-9-2018
SourceArea Development
Date Published10/09/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ND Paper
Parent companyNine Dragons Paper Limited
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):700
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Capital investment ($):111
Country(ies) from which reshored:Hong Kong
City reshored to:Rumford
State(s) reshored to:ME
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredPaper products
What domestic positive factors made reshoring more attractive?Impact on domestic economy
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