$27 Million Investment to Expand Toyota's Long Beach Manufacturing Capabilities

URLhttps://finance.yahoo.com/news/27-million-investme
SourceYahoo Finance
Date Published03/16/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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
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