Amada plans $82 million plant in High Point creating 201 jobs

SourceWinston-Salem Journal
Date Published05/07/2018
Author NameRichard Craver
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Amada North America Inc
Parent companyAmada Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):201
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Capital investment ($):82
Country(ies) from which reshored:Japan
City reshored to:High Point
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredsheet metal equipment
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market
Government Incentive dollar amount:2.4
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