Madeira USA begins thread manufacturing in newly built Gilford facility

SourceThe Laconia Daily Sun
Date Published04/10/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Madeira USA
Parent companyMadeira Garnfabrik
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):6
Year reshoring announced:2019
Country(ies) from which reshored:Germany
City reshored to:Gilford
State(s) reshored to:NH
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredindustrial embroidery thread
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Higher productivity, Lead time/Time to market, Proximity to customers/market
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