Plastics Manufacturer Announces $7 Million Investment in Tennessee Factory

URLhttps://www.thomasnet.com/insights/plastics-manufa
SourceThomas.net
Date Published06/18/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name PlastiExports
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):115
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):7
Country(ies) from which reshored:Mexico
City reshored to:Erwin
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredcustom plastic molded products
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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