Bangladesh textile company opening factory in Detroit switches gears to manufacture masks

URLhttps://www.wxyz.com/news/coronavirus/bangladesh-t
Sourcewxyz.com
Date Published05/27/2020
Author NameSyma Chowdhry
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BEXIMCO
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):20
Country(ies) from which reshored:Bangladesh
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredface masks, gowns, PPE
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Proximity to customers/market, covid-19
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