Ontic Engineering and Manufacturing Expands Butner, North Carolina, Manufacturing Facility

URLhttps://www.areadevelopment.com/newsItems/10-9-201
SourceArea Development
Date Published10/03/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ontic Engineering and Manufacturing, Inc.
Parent companyBBA Aviation
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):126
Year reshoring announced:2019
Capital investment ($):2.7
Country(ies) from which reshored:United Kingdom
City reshored to:Butner
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredaerospace
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:1.3
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