Company/Division name | Standard Textile |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 45 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Offshore, work was done: | In-house |
Capital investment ($): | 15 |
City reshored to: | Union County |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | barrier fabric used |
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? | Customer responsiveness improvement, Government Incentives, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity, covid-19 |
Government Incentive dollar amount: | $400,000 |