Packaging company investing $70M in Colleton County

SourceColumbia Regional Business Report
Date Published10/04/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Evanesce Packaging Solutions Inc.
Parent companyEvanesce Packaging Solutions Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):368
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2023
Capital investment ($):70
Country(ies) from which reshored:Canada
City reshored to:Walterboro
State(s) reshored to:SC
If relevant, work nearshored to:-
Product(s) reshoredCompostable food service trays
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$1.5 million
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