New Balance looks to add site in Methuen

SourceEagle Tribune
Date Published12/19/2018
Author NameLisa Kashinsky

Additional Reshoring Information:

Company/Division name New Balance
Parent companyNew Balance
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):75
Capital investment ($):15
City reshored to:Methuen
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredfootwear
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Government Incentives, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity, import replacement
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