9Fiber, Inc. Wins $250,000 Grant Award through the Colorado Advanced Industries Accelerator Program

URLhttps://www.prweb.com/releases/9fiber_inc_wins_250
Sourceprweb.com
Date Published12/07/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name 9Fiber, Inc.
Parent company9Fiber, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2018
City reshored to:Pueblo
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredtextile products from hemp & cannabis waste
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Higher productivity, Raw Materials Cost, Under-utilized capacity, import replacement
Government Incentive dollar amount:250,000
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