Continental Structural Plastics Investing $45M In North Carolina

URLhttps://businessfacilities.com/2020/08/continental
SourceBusiness Facilities
Date Published08/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Structural Plastics, Inc.
Parent companyTeijin
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):61
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):45
Country(ies) from which reshored:Japan
City reshored to:Rowan County
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredstructural plastics
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$560,000
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