Automotive Manufacturer to Bring 300 Jobs to Alabama in Expansion

URLhttps://www.thomasnet.com/insights/automotive-manu
SourceThomasNet
Date Published03/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Daechang Seat Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):23
Country(ies) from which reshored:Korea, Republic of
City reshored to:Phenix City
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive seat frames
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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