Trump's trade war splits a Missouri county into winners and losers

Date Published07/09/2018
Author NameP.J. Huffstutter
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magnitude 7 Metals
Parent companyMagnitude 7 Metals
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):465
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
City reshored to:New Madrid
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredaluminum plant
What domestic positive factors made reshoring more attractive?Government Incentives, Raw Materials Cost, Under-utilized capacity, Trump Tariffs
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