Company/Division name | Roadtec Inc. |
Parent company | Astec Industries |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 128 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 6.2 |
City reshored to: | Chattanooga |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | pavers, material transfer vehicle, milling machine |
What domestic positive factors made reshoring more attractive? | Government Incentives, Impact on domestic economy, Lean/other business process improvement techniques, Under-utilized capacity, Other, import replacement |