Swiss Krono Group announces a $230 million expansion in Barnwell County

SourceSouth Carolina Department of Commerce
Date Published12/22/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name KronotexUSA Holdings
Parent companySwiss Krono Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):105
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):230
Country(ies) from which reshored:Switzerland
City reshored to:Columbia
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredHigh-density fiberboard for flooring, furniture
What domestic positive factors made reshoring more attractive?Government Incentives
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