Digital media company to launch testing facility in New Orleans

URLhttps://neworleanscitybusiness.com/blog/2019/11/07
SourceNew Orleans City Business
Date Published11/07/2019
Author NameLance Traweek
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Testronic Laboratories Limited
Parent companyCatalis SE
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):.5
Country(ies) from which reshored:United Kingdom
City reshored to:New Orleans
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoreddigital media
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Under-utilized capacity
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