Company/Division name | Retractable Technologies |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 137.4 |
Country(ies) from which reshored: | China |
City reshored to: | Little Elm |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Medical Equipment & Supplies |
Product(s) reshored | retractable needles |
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? | Government Incentives, covid-19 |
Government Incentive dollar amount: | $137.4 million |