New Balance’s Forthcoming Manufacturing Facility Set to Advance Domestic Footwear Production

SourceSourcing Journal
Date Published01/08/2019
Author NameChristopher Hall
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name New Balance Athletics, Inc.
Parent companyNew Balance Athletics, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):75
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
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, Image/brand, Under-utilized capacity, import replacement
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