British-Based Overfinch Establishes Manufacturing Complex In Danville, Virginia

SourceArea Development
Date Published07/12/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Overfinch
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Total number of jobs (added or to be added):41
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):1.82
Country(ies) from which reshored:United Kingdom
City reshored to:Danville
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBespoke Range Rover Vehicles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Lower Business Cost
Government Incentive dollar amount:400,000
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