Italian manufacturer buys former Dayton Daily News building, adding 100 jobs

URLhttps://www.bizjournals.com/cincinnati/news/2019/0
Sourcebizjournals.com
Date Published06/11/2019
Author NameTom Demeropolis
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Modula Inc.
Parent companyModula Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2019
Capital investment ($):26.5
Country(ies) from which reshored:Italy
City reshored to:Franklin
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Miscellaneous – subset non Hobbies
Product(s) reshoredautomated vertical warehouse storage systems
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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