Acoustical Sheetmetal Company Expands Manufacturing Complex in Virginia Beach, Virginia

URLhttps://www.areadevelopment.com/newsItems/7-16-202
SourceArea Development
Date Published07/16/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Acoustical Sheetmetal Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):15.8
City reshored to:Virginia Beach
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredacoustical sheetmetal
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$750,000
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