Kentucky announces $900M of new project investments

URLhttps://theconstructionbroadsheet.com/kentucky-ann
SourceThe Construction Broadsheet
Date Published03/31/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Boshoku America Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):157
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):225
Country(ies) from which reshored:Japan
City reshored to:Hopkinsville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive components
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$6.5 million
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