Industrial hose manufacturer expands to Pender County; will bring 51 jobs in $7.9M investment

URLhttps://www.wect.com/2019/11/26/governor-roy-coope
SourceWECT News
Date Published11/26/2019
Author NameWECT Staff
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Polyhose Inc.
Parent companyPolyhose Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):51
Year reshoring announced:2019
Capital investment ($):8
Country(ies) from which reshored:India
City reshored to:Wilmington
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredindustrial hose
What domestic positive factors made reshoring more attractive?Eco-system synergies, Skilled workforce availability/training, Other, expansion
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