Cabinetry Manufacturer Announces $86 Million Investment in North Carolina Headquarters

URLhttps://www.thomasnet.com/insights/cabinetry-manuf
SourceThomas.net
Date Published04/21/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GoldenHome International
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):86
Country(ies) from which reshored:China
City reshored to:Concord
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredcustom cabinets
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy
Government Incentive dollar amount:$1.1 million
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