Italian Stainless Steel Company Picks Indiana For North American HQ

SourceBusiness Facilities
Date Published05/18/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name INOX Market North America
Parent companyINOX Marker
Type of work Manufacturing
Total number of jobs (added or to be added):101
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2024
Capital investment ($):15
Country(ies) from which reshored:Italy
City reshored to:Muncie
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredstainless steel
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Lead time/Time to market, Skilled workforce availability/training
Government Incentive dollar amount:1.5
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