Company/Division name | Toyota Tsusho America Inc. |
Parent company | Toyota Motor North America |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1750 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2030 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1200 |
Country(ies) from which reshored: | Japan |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | batteries for hybrid and EV cars |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Skilled workforce availability/training |