Trump wins big Ohio manufacturing investment from Australia's Pratt Industries

Sourceyahoo Finance
Date Published09/22/2019
Author NameSuzanne O'Halloran
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pratt Industries
Parent companyPratt/Visy Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):5000
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2019
Capital investment ($):250
Country(ies) from which reshored:Australia
City reshored to:Wapakoneta
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredcorrugated packaging
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Infrastructure, Image/brand, Proximity to customers/market
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