Hyundai Supplier Plans $76M Georgia Plant

URLhttps://www.ien.com/operations/news/22684564/hyund
SourceIEN Industrial Equipment
Date Published02/02/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyundai Mobis
Parent companyHyundai Mobis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Capital investment ($):926
Country(ies) from which reshored:Korea, Republic of
City reshored to:Richmond Hill
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredinterior and exterior parts
What domestic positive factors made reshoring more attractive?Automation/technology
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