Ferrero USA Investing $9M In New Jersey

URLhttps://businessfacilities.com/2018/10/ferrero-usa
SourceBusiness Facilities
Date Published10/19/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ferrero USA
Parent companyFerrero Rocher
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):4
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Capital investment ($):9
Country(ies) from which reshored:Italy
City reshored to:Franklin Township
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredcandy
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market
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