EVOLUTION ST. LOUIS TO OPEN HIGH-TECH MANUFACTURING FACILITY

URLhttps://stlpartnership.com/evolution-st-louis-laun
SourceSTL Partnership
Date Published05/20/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Evolution St. Louis
Parent companyEvolution St. Louis
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):60
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2019
Capital investment ($):5
City reshored to:St. Louis
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredknitwear fabric for garment industry
What non-domestic negative factors made offshoring less attractive?Rising wages
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Customization/Flexibility, Government Incentives, Image/brand, Proximity to customers/market, Raw Materials Cost, Other, import replacement
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