North Carolina: Cabinetry Maker Investing $86M In New Headquarters

URLhttps://businessfacilities.com/2020/07/goldenhome-
SourceBusiness Facilities
Date Published07/22/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GoldenHome International
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):257
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):86
Country(ies) from which reshored:China
City reshored to:Concord
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredintegrated kitchen cabinets and furnishings
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, confidence in the US economy
Government Incentive dollar amount:up to $1,117,500 over 12 years
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