Turkish materials supplier setting up manufacturing plant in US

SourcePlastic News Europe
Date Published03/22/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Metyx USA Technical Textiles Division
Parent companyMetyx Group
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Capital investment ($):12.6
Country(ies) from which reshored:Turkey
City reshored to:Ranlo
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredglass and carbon fabrics
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Image/brand, Proximity to customers/market, Under-utilized capacity
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