Peoria-based Natural Fiber Welding to add 100 jobs, partner with Ralph Lauren

SourceJournal Star
Date Published08/13/2020
Author NameChris Kaergard
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Natural Fiber Welding
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):13
City reshored to:Peoria
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredhigh-performance natural fiber fabrics
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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