Australia’s richest person to invest $2B in US, create 5,000 high-paying jobs

SourceFOX Business
Date Published06/26/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Visy Industries and Pratt Industries
Parent companyPratt/Visy Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):13000
Year reshoring announced:2017
Capital investment ($):2000
Country(ies) from which reshored:Austria
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredCorrugated boxes
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Skilled workforce availability/training
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