Smiley Monroe to expand with US manufacturing facility

SourcePit & Quarry
Date Published10/03/2019
Author NameZach Mentz
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Smiley Monroe
Parent companySmiley Monroe
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):30
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):2
Country(ies) from which reshored:Ireland
City reshored to:Franklin
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredconveyor belts & materials handling equipment
What non-domestic negative factors made offshoring less attractive?Tariffs, Other, political uncertainty in the UK
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lead time/Time to market, Proximity to customers/market, Other, expansion
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