With Wipe and Mask Demand High, Fiber Maker Sets Growth

URLhttps://www.manufacturing.net/home/news/21204502/w
Sourcemanufacturing.net
Date Published11/25/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name FiberVisions
Parent companyIndorama Ventures
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):21
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):48
Country(ies) from which reshored:Thailand
City reshored to:Covington
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredsynthetic fibers
What domestic positive factors made reshoring more attractive?Government Incentives, covid-19
Government Incentive dollar amount:not clear
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