Diageo to spend $80 million to expand U.S. ready-to-drink beverage production

URLhttps://finance.yahoo.com/news/diageo-spend-80-mil
Sourceyahoo!finance
Date Published03/18/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Diageo
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):80
Country(ies) from which reshored:United Kingdom
City reshored to:Plainfield
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredready-to-drink beverages, spirits-based cocktails
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity
Find Reshoring Articles