URL | https://finance.yahoo.com/news/27-million-investme |
Source | Yahoo Finance |
Date Published | 03/16/2022 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Toyota Motor North America |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 25 |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 27 |
Country(ies) from which reshored: | Japan |
City reshored to: | Long Beach |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market |