MAS Holdings to Open First US Manufacturing Hub

SourceSourcing Journal
Date Published04/11/2017
Author NameGenevieve Scarano
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MAS Holdings
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):133
Year reshoring announced:2017
Domestically, the work will be done:In-house
Capital investment ($):20
Country(ies) from which reshored:Sri Lanka
City reshored to:Asheboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredApparel
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:575,000
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