British-Based Lightbox Opens First US Manufacturing Hub in Gresham, Oregon

URLhttps://www.areadevelopment.com/newsItems/11-1-202
SourceArea Development
Date Published11/01/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lightbox
Parent companyDe Beers Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:Both
Capital investment ($):94
Country(ies) from which reshored:United Kingdom
City reshored to:Gresham
State(s) reshored to:OR
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredLightbox lab-grown diamonds, diamond jewelry
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Customization/Flexibility, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Skilled workforce availability/training
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