Maruichi Stainless Tube Building $75M Plant In Texas

SourceBusiness Facilities
Date Published09/08/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Maruichi Stainless Tube Texas Corporation
Parent companyMaruichi Stainless Tube Co., LTD.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):106
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Capital investment ($):75
Country(ies) from which reshored:Japan
City reshored to:Seguin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredstainless steel pipes and tube fabricated
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training
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