India-based Meera Industries cuts ribbon on first U.S. facility

Sourcee Textile Communications (ETC)
Date Published05/25/2017
Author NameDevin Steele
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Meera Industries USA, LLC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Country(ies) from which reshored:India
City reshored to:High Point
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, Machinery, textile/ yarn-making
Product(s) reshoredwinding, two-for-one twisting & heat-setting equip
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market
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