Why Toyota’s new $80 million engineering center is a big deal for Kentucky

SourceLexington Herald Leader
Date Published10/30/2017
Author NameTom Eblen
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota - KY
Parent companyToyota Industries Corporation
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):800
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):80
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) reshoredToyota engineering
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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