Israel-Based Fibrotex USA Opens Manufacturing Complex in Sterns, Kentucky

URLhttps://www.areadevelopment.com/newsItems/9-3-2019
SourceArea Development
Date Published09/03/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Fibrotex USA
Parent companyFibrotex
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Capital investment ($):12.1
Country(ies) from which reshored:Israel
City reshored to:Sterns
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredmilitary tents
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Lean/other business process improvement techniques, Proximity to customers/market
Government Incentive dollar amount:.5
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