Company/Division name | Pratt Industries |
Parent company | Pratt/Visy Industries |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 5000 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 250 |
Country(ies) from which reshored: | Australia |
City reshored to: | Wapakoneta |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Wood & Paper Products |
Product(s) reshored | corrugated packaging |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Infrastructure, Image/brand, Proximity to customers/market |