Italian Manufacturer Bringing Jobs to N.C.

URLhttps://www.ien.com/operations/news/21174802/itali
SourceIEN
Date Published09/10/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredpipes, hoses and conduits
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$551,000 (and $470,000 pending)
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