Japan-Based OTICS USA Plans Morristown, Tennessee, Manufacturing Plant

SourceArea Development
Date Published03/02/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name OTICS USA, Inc.
Parent companyOTICS Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):70
Capital investment ($):147
Country(ies) from which reshored:Japan
City reshored to:Morristown
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredfuel pipe
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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