Dublin-Based CameraMatics Opens North American Headquarters in Richmond, Virginia

URLhttps://www.areadevelopment.com/newsItems/10-16-20
SourcePlasticsNews
Date Published10/16/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name CameraMatics USA
Parent companyCameraMatics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2024
Capital investment ($):25
Country(ies) from which reshored:Ireland
City reshored to:Richmond
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredfleet cameras
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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