Stratus Plastics to Open Manufacturing Facility in Morgantown

Date Published08/17/2017
Author NameWoody Maglinger
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stratus Plastics KY LLC
Parent companyStratus Plastics International, Inc.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):29
Year reshoring announced:2017
Capital investment ($):4
Country(ies) from which reshored:Canada
City reshored to:Morgantown
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredInjection molding parts for automakers
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$480,000 in tax incentives
Find Reshoring Articles