Franklin Co. manufacturing facility expanding, creating 25 new jobs

URLhttps://wset.com/news/local/franklin-co-manufactur
Source13 WSET.com
Date Published12/20/2018
Author NameElizabeth Tyree
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name McAirlaid’s Vliesstoffe GmbH
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):7.8
Country(ies) from which reshored:Germany
City reshored to:Franklin County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Food & Beverage, Hobbies (subset of Miscelaneous), Miscellaneous – subset non Hobbies, food, retail
Product(s) reshoredprotein and fruit packaging (airlaid)
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Walmart
Government Incentive dollar amount:$195,000
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