Auto Supplier to Set up Plant in Kentucky

SourceUS News
Date Published10/29/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pound of Plastics
Parent companyPound of Plastics
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):54
Year reshoring announced:2018
Capital investment ($):4.1
Country(ies) from which reshored:Canada
City reshored to:Owenton
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredpolymer and thermoplastics
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Under-utilized capacity
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