Company/Division name | Salem Tube |
Parent company | Tubacex Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 140 |
Year reshoring announced: | 2019 |
Capital investment ($): | 40 |
Country(ies) from which reshored: | Spain |
City reshored to: | Durant |
State(s) reshored to: | OK |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | stainless steel tubing & nickel alloy tubes |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Impact on domestic economy |