$70M investment to create 135 new jobs

URLhttps://gsabusiness.com/news/manufacturing/81147/?
SourceGSA Business Report
Date Published10/01/2021
Author NameRoss Norton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Glen Raven Inc.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):135
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):70
City reshored to:Anderson
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, awning, marine, furniture
Product(s) reshoredperformance textiles
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:$400,000
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