Finland-Based Nokian Tyres Expands Dayton, Tennessee, Operations Complex

URLhttps://www.areadevelopment.com/newsItems/1-12-202
SourceArea Development
Date Published01/12/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nokian Tyres Inc.
Parent companyNokian Tyres
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):174
Country(ies) from which reshored:Finland
City reshored to:Dayton
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredtires
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market
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