EGGER, a Leading Wood-Manufacturing Company, Brings Its Business to the U.S.

URLhttps://www.gray.com/insights/egger-a-leading-wood
SourceGrey.com
Date Published04/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name EGGER Wood Products
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):770
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2036
Domestically, the work will be done:In-house
Country(ies) from which reshored:Austria
City reshored to:Lexington
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredwood panels
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Eco-system synergies, Image/brand, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
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