Toyota Brings Lexus Production To U.S.

SourceCBS Detroit
Date Published04/19/2013
Author NameJeff Gilbert
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota - Lexus
Parent companyToyota
Type of work Manufacturing
If manufacturing, is the company an OEM? Unknown
Reshoring category:Transplant
Total number of jobs (added or to be added):750
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2015
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):360
Country(ies) from which reshored:Japan
City reshored to:Georgetown
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredLexus ES 350
What non-domestic negative factors made offshoring less attractive?Currency variation
What domestic positive factors made reshoring more attractive?Government Incentives
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