Company/Division name | EGGER Wood Products |
Parent company | EGGER Wood Products LLC |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 40 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 50 |
$/year of sales of reshored product or service: | 3.64 |
Country(ies) from which reshored: | Austria |
City reshored to: | Lexington |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Wood & Paper Products |
Product(s) reshored | laminates |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |
Government Incentive dollar amount: | 5.3 |