Lotus Bakeries seeks $1.2 million incentive package to expand Alamance County plant

URLhttps://www.bizjournals.com/triad/news/2021/04/13/
SourceTriad Business Journal
Date Published04/13/2021
Author NameAndy Warfield
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lotus Bakeries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):146
Number of manufacturing jobs outsourced domestically:2155
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):60
Country(ies) from which reshored:Belgium
City reshored to:Mebane
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredFood
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