Maine outdoor gear company Hyperlite raises $1.1M to expand

SourceBangor Daily News
Date Published01/20/2018
Author NameLori Valigra
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyperlite Mountain Gear
Parent companyHyperlite Mountain Gear
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):12
Capital investment ($):1.1
Country(ies) from which reshored:United States
City reshored to:Biddeford
State(s) reshored to:ME
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredoutdoor gear
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand (customer preference for U.S. made), Impact on domestic economy
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