Packaging Firm Neopac Invests $30M in First U.S. Plant

SourcePowder Bulk Solids
Date Published04/13/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NeoPac US Inc
Parent companyHoffman Neopac AG
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):44
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):30.8
Country(ies) from which reshored:Switzerland
City reshored to:Wilson
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredfoil packaging
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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