Pietro Fiorentini opens 1st U.S. manufacturing plant - WV News

URLhttps://www.wdtnn.com/state-network/item/83590-pie
SourceWDTNN
Date Published08/10/2019
Author NameConor Griffith
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pietro Fiorentini
Parent companyPietro Fiorentini Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):106
Year reshoring announced:2019
Capital investment ($):9
Country(ies) from which reshored:Italy
City reshored to:Weirton
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredmachinery for natural gas drilling
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity
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