New owner acquires Shop-Vac assets, plans to open Williamsport facility and hire employees

URLhttps://www.northcentralpa.com/news/local/new-owne
SourceNorth Central PA (.com)
Date Published12/28/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hangzhou Equipment Holdings, LLC
Parent companyHangzhou GreatStar Industrial Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Williamsport
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredshop vacs
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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