Texwipe to invest $4.5 million, add 35 jobs in North Carolina

URLhttps://www.etextilecommunications.com/102820-texw
SourceeTextile Communications
Date Published10/28/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Texwipe
Parent company Illinois Tool Works, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):33
Year reshoring announced:2020
Year reshoring implemented or to be implemented:1991
Domestically, the work will be done:In-house
Capital investment ($):4.5
City reshored to:Mount Airy
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcontamination control supplies, cleaning products
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Skilled workforce availability/training, Other, Covid-19
Government Incentive dollar amount:$150,000
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