Panda Biotech Picks Texas For Nation’s Largest Hemp Fiber Processing Center

URLhttps://businessfacilities.com/2020/09/texas-lands
SourceBusiness Facilities
Date Published09/02/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Panda Biotech
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Wichita Falls
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredcottonizedhemp fiber
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Raw Materials Cost, Skilled workforce availability/training, Under-utilized capacity
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