After COVID delay, global flavor manufacturer opens for business in Sparks

URLhttps://www.nnbw.com/news/after-covid-delay-global
SourceNorthern Nevada Business Weekly
Date Published12/07/2020
Author NameKaleb Roedel
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Monin
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):11.8
Country(ies) from which reshored:France
City reshored to:Sparks
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredflavoring products
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Lower real-estate/construction cost, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:1.2 million in tax abatements
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