Company/Division name | RECO U.S. Inc. |
Parent company | Grupporeco |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 110 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 28 |
Country(ies) from which reshored: | Italy |
City reshored to: | Kingston |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | coated dishwasher baskets, aluminum tubing |
What domestic positive factors made reshoring more attractive? | Government Incentives, Impact on domestic economy, Proximity to customers/market |
Government Incentive dollar amount: | $918,000 |