Canadian Direct Coil acquires Goodman facility , 75 jobs coming with a $14.4 million investment

SourceElk Valley Times
Date Published12/28/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Direct Coil
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):14.4
Country(ies) from which reshored:Canada
City reshored to:Fayatteville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Machinery, HVAC
Product(s) reshoredindustrial heating and cooling coils
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Total cost
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lead time/Time to market
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