Company/Division name | AkzoNobel |
Parent company | AkzoNobel |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 55 |
Country(ies) from which reshored: | Netherlands |
City reshored to: | High Point |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | industrial wood coatings |
What domestic positive factors made reshoring more attractive? | Automation/technology, Customer responsiveness improvement, Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training, Other, expansion |