Sigmatex announces $4.5 million expansion; Orangeburg County will be headquarters in North America

URLhttps://thetandd.com/news/local/sigmatex-announces
SourceThe Times and Democrat
Date Published12/16/2020
Author NameGene Zaleski
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sigmatex Carbon Textile Solutions Inc.
Parent companySigmatex (UK) Limited
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):4.5
Country(ies) from which reshored:United Kingdom
City reshored to:Orangeburg
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, space, military, auto, aerospace, renewable energy
Product(s) reshoredcarbon fibre textiles, carbon fibre composites
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity, Other, Covid-19
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