Nokian breaks ground on first North American tire plant

SourceRubber and Plastics News
Date Published09/29/2017
Author NameDon Detore
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nokian
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):360
Country(ies) from which reshored:Finland
City reshored to:Dayton
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredpassenger, SUV and light truck tires
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure (transport, internet, power), Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:$28.4 million
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