TTI Floor Care Investing $20M In Tennessee Expansion

URLhttps://businessfacilities.com/2020/06/tti-floor-c
SourceBusiness Facilities
Date Published06/25/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TTI Floor Care North America
Parent companyTechtronic Industries Co. Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Capital investment ($):20
Country(ies) from which reshored:Hong Kong
City reshored to:Cookeville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredfloor care
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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