Mazak adds Syncrex plant to manufacturing campus

URLhttps://www.ctemag.com/news/industry-news/mazak-ad
SourceCutting Tool Engineering
Date Published12/27/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mazak
Parent companyYamazaki Mazak Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Country(ies) from which reshored:Japan
City reshored to:Florence
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredSwiss-style machine tools
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity
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