Global Conveyor Belt Manufacturer Expands U.S. Business in Pennsylvania

URLhttps://www.thomasnet.com/insights/global-conveyor
SourceThomasnet
Date Published06/22/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ammeraal Beltech
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:Netherlands
City reshored to:Reading
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Machinery, Plastic & Rubber Products
Product(s) reshoredplastic modular belts and chain
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability , Total cost
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lead time/Time to market
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