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) reshored | flavoring 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 |