New manufacturing plant in Slidell received $765,000 in state incentives

URLhttps://www.nola.com/news/2018/12/state-incentives
Sourcenola.com
Date Published12/19/2018
Author NameBob Warren
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Advanced Sinter Metal Technologies
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):15
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Country(ies) from which reshored:Turkey
City reshored to:Slidell
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Electrical Equipment, Appliances & Components
Product(s) reshoredcomponents for electronic equipment
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:$765,000
Find Reshoring Articles