Copper Manufacturer to Invest More Than $50 Million in North Carolina Smelter Plant

URLhttps://www.thomasnet.com/insights/copper-manufact
SourceThomas.net
Date Published06/16/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ames Copper Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):46
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):50
Country(ies) from which reshored:Spain
City reshored to:Shelby
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredcopper recycling
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy
Government Incentive dollar amount:$150,000
Find Reshoring Articles