Plastic Tubing Maker NewAge Industries Announces Pennsylvania Expansion

URLhttps://www.thomasnet.com/insights/plastic-tubing-
SourceThomasNet
Date Published06/05/2020
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name New Age Industries
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):10
City reshored to:Southhampton
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredhigh-purity tubing and molded assemblies
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?, covid-19
Find Reshoring Articles