Company/Division name | Pennex Aluminum |
Parent company | Metal Exchange Corp. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2019 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 23 |
City reshored to: | Leetonia |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings), Transportation Equipment, automotive, lighting, construction |
Product(s) reshored | aluminum component parts |
What domestic positive factors made reshoring more attractive? | Government Incentives, Impact on domestic economy, Skilled workforce availability/training |