URL | https://finance.yahoo.com/news/ferrara-manufacturi |
Source | yahoo!finance |
Date Published | 05/18/2021 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Ferrara Supply Division |
Parent company | Ferrara Manufacturing |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
City reshored to: | Long Island City |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | custom-fit face masks |
What domestic positive factors made reshoring more attractive? | Government Incentives, Image/brand, Impact on domestic economy, Lead time/Time to market, Other, Covid-19, critical supply |