Company/Division name | FITT Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 144 |
Year reshoring announced: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 25.6 |
Country(ies) from which reshored: | Italy |
City reshored to: | Mooresville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | pipes, hoses and conduits |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $551,000 (and $470,000 pending) |