Australian Composite Manufacturer Announces Texas Factory, 300 Jobs

URLhttps://www.thomasnet.com/insights/australian-comp
SourceThomasNet
Date Published04/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Wagners Composite Fiber Technologies
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2031
Domestically, the work will be done:In-house
Country(ies) from which reshored:Australia
City reshored to:Cresson
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcomposite materials for building
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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