Medical Supplier GMAX Investing $10.5 Million in Virginia Operations

Date Published02/10/2020
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GMAX Industries
Parent companyGMAX Industries
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):40
Year reshoring announced:2020
Capital investment ($):10.5
City reshored to:Franklin
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoreddisposable medical supplies
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Under-utilized capacity
Government Incentive dollar amount:.07
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