Company/Division name | Evolution St. Louis |
Parent company | Evolution 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) reshored | knitwear 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 |