Michelin to invest $100m in Kansas to increase rubber track manufacturing capacity at Junction City site

URLhttps://www.tiretechnologyinternational.com/news/m
SourceTire Technology International
Date Published05/23/2023
Author NameCALLUM BROOK-JONES

Additional Reshoring Information:

Company/Division name Michelin North America
Parent companyMichelin
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):100
Country(ies) from which reshored:France
City reshored to:Junction City
State(s) reshored to:KS
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredagricultural rubber tracks and wheels
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market
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