Saraya to open first U.S. factory in Orem in June

SourceThe Enterprise
Date Published03/29/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lakanto
Parent companySaraya USA Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):140
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Capital investment ($):25
Country(ies) from which reshored:Japan
City reshored to:Orem
State(s) reshored to:UT
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredsweetener
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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