Company/Division name | New Balance Athletics, Inc. |
Parent company | New Balance Athletics, Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 75 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
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, Image/brand, Under-utilized capacity, import replacement |