Company Announces Plans for $80M Wisconsin Aluminum Plant

URLhttps://news.thomasnet.com/featured/company-announ
Sourcethomasnet.com
Date Published02/06/2019
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Matalco Inc.
Parent companyMatalco Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):80
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):80
Country(ies) from which reshored:Canada
City reshored to:Wisconsin Rapids
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredaluminum billet
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
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