ENF Technology to build $45 million U.S. headquarters in Kyle

URLhttps://www.statesman.com/news/20190327/enf-techno
SourceStatesman
Date Published03/27/2019
Author NameNicole Cobler
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ENF Technology
Parent companyENF TECHNOLOGY CO LTD
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):45
Country(ies) from which reshored:Korea, Democratic People's Republic of
City reshored to:Kyle
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectronic materials
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market
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