Canadian company plans to build new manufacturing plant in Waco

URLhttps://www.fox44news.com/news/local-news/canadian
Sourcefox 44 news
Date Published09/30/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Aspen Custom Trailers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):80
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):11
Country(ies) from which reshored:Canada
City reshored to:Waco
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtrailers
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
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