Engineered Belts Manufacturer Expands Its U.S. Business in Georgia

SourceThomas Insights
Date Published07/16/2021
Author NameStephanie Nikolopoulos
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Megadyne Group
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:Italy
City reshored to:Buford
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products, automation, robotics, packaging, food, medical
Product(s) reshoredengineered belts
What domestic positive factors made reshoring more attractive?Lead time/Time to market
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