Company/Division name | Diamut America |
Parent company | Biesse Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Capital investment ($): | 3 |
Country(ies) from which reshored: | Italy |
City reshored to: | Charlotte |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | diamond tool |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |