Investment from India leading to Good Clothing Company expansion

SourceThe Herald News
Date Published06/03/2018
Author NameKevin P. O'Connor
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AKR Textiles
Parent companyGood Clothing Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Capital investment ($):100
Country(ies) from which reshored:India
City reshored to:Fall River
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredClothing
What non-domestic negative factors made offshoring less attractive?Delivery, Price, Rising wages, Total cost, Travel cost/time
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Higher productivity, Infrastructure, Image/brand, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
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