Mattress plant to open in Gaffney

URLhttps://gsabusiness.com/news/manufacturing/77676/?
SourceGSA Business
Date Published12/17/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Palmetto Pedic LLC
Parent companyPalmetto Pedic LLC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):8.5
Country(ies) from which reshored:China
City reshored to:Gaffney
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredmattresses, mattress toppers, and bed pillows
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Lean/other business process improvement techniques, Proximity to customers/market
Government Incentive dollar amount:250,000
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