METYX Plans Manufacturing-Headquarters in Ranlo, North Carolina

SourceArea Development
Date Published03/23/2018
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
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
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?Government Incentives, Image/brand, Impact on domestic economy, Proximity to customers/market
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