Company/Division name | Toyota |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | Both |
Capital investment ($): | $6.5 |
Country(ies) from which reshored: | Japan |
City reshored to: | Arvada |
State(s) reshored to: | CO |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products, Electrical Equipment, Appliances & Components |
Product(s) reshored | Fuel Cell Systems |
What domestic positive factors made reshoring more attractive? | Government Incentives, Manufacturing/engineering joint innovation (R&D), Achieving carbon neutrality |
Government Incentive dollar amount: | collaboration with DOE |