Manufacturer to create 180 new jobs in James City County

Date Published02/26/2020
Author NameJulia Varnier
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Navien, Inc.
Parent companyKD Navien
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):180
Year reshoring announced:2020
Capital investment ($):77.5
Country(ies) from which reshored:Korea, Republic of
City reshored to:James City County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredwater heaters
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:.85
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