URL | https://www.eagletribune.com/news/merrimack_valley |
Source | Eagle Tribune |
Date Published | 12/19/2018 |
Author Name | Lisa Kashinsky |
Company/Division name | New Balance |
Parent company | New Balance |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 75 |
Capital investment ($): | 15 |
City reshored to: | Methuen |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | footwear |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Government Incentives, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity, import replacement |