Company/Division name | Navien, Inc. |
Parent company | KD Navien |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 180 |
Year reshoring announced: | 2020 |
Capital investment ($): | 77.5 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | James City County |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | water heaters |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | .85 |