New Owner to Invest $40 Million in Pennsylvania Glass Factory

URLhttps://www.thomasnet.com/insights/new-owner-to-in
SourceThomasNet
Date Published04/22/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stoelzle Glass Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2028
Domestically, the work will be done:In-house
Capital investment ($):40
Country(ies) from which reshored:Austria
City reshored to:Monaca
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredglass containers
What domestic positive factors made reshoring more attractive?Automation/technology, Under-utilized capacity
Find Reshoring Articles