Aerospace Manufacturer to Expand in North Carolina

URLhttps://www.thomasnet.com/insights/aerospace-manuf
SourceThomasNet
Date Published11/04/2019
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ontic Engineering & Manufacturing
Parent companyBBA Aviation
Type of work Manufacturing
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) reshoredequip. & support for civilian & military aerospace
What domestic positive factors made reshoring more attractive?Government Incentives, Other, expansion
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