IRIS USA Starts Construction on Luzerne County, Pennsylvania, Plant

SourceArea Development
Date Published05/27/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name IRIS USA
Parent companyIRIS Ohyama
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):95
Year reshoring announced:2018
Capital investment ($):83.6
Country(ies) from which reshored:Japan
City reshored to:Luzerne County
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$565,250
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