Teel Plastics spending $6.8M to expand capacity for COVID-19 test swabs

URLhttps://www.plasticsnews.com/news/teel-plastics-sp
SourcePlastics News
Date Published10/19/2020
Author NameDon Loepp
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Teel Plastics LLC
Parent companyMPE Partners
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
City reshored to:Baraboo
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredflock-tipped injection molded sticks, swab sticks
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity, Other, Covid-19, essential product supply
Government Incentive dollar amount:$6.8 million
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