Ferrero set to unveil its first US chocolate manufacturing facilities

URLhttps://www.confectioneryproduction.com/news/32327
SourceConfectionery Production
Date Published11/20/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ferrero Group
Parent companyFerrero International S.A.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):75
Country(ies) from which reshored:Italy
City reshored to:Bloomington
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredchocolate, chocolate for candy, Ferrero products
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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