Auburn auto supplier announces $13.5 million expansion to make electric vehicle, hybrid components

URLhttps://www.al.com/business/2022/07/auburn-auto-su
SourceAL
Date Published07/19/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Seohan Auto USA
Parent companySeohan Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):12
Year reshoring announced:2022
Capital investment ($):13.5
Country(ies) from which reshored:Korea, Republic of
City reshored to:Aubur
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredcomponents for hybrid and electric vehicle
What domestic positive factors made reshoring more attractive?Automation/technology
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