New manufacturing plant expected to bring 60 jobs, invest $1.5 million in Asheville, Buncombe

URLhttps://www.citizen-times.com/story/news/local/202
SourceCitizen Times
Date Published07/06/2020
Author NameMacKenzie Wicker
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Charles Edward Industries
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):60
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):1.5
City reshored to:Asheville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcircuit boards
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity
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