Company/Division name | PreZero US Inc. |
Parent company | Schwarz Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 80 |
Country(ies) from which reshored: | Germany |
City reshored to: | Riverside |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products, consumer product packaging, agriculture, auto |
Product(s) reshored | film recycling, rigid container recycling |
What non-domestic negative factors made offshoring less attractive? | Other, China's ban on imports of some recyclable scrap |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity |