URL | https://www.industryweek.com/supply-chain/article/ |
Source | Industry week |
Date Published | 08/29/2022 |
Author Name | Ryan Secard |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Honda and LG - OH |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Capital investment ($): | 4400 |
Country(ies) from which reshored: | Japan,Korea, Democratic People's Republic of |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | EV batteries |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market |