Auto manufacturer announces $153 million expansion in Berea

SourceSpectrum News 1
Date Published07/11/2023

Additional Reshoring Information:

Company/Division name Hitachi Astemo Americas Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):167
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):153
Country(ies) from which reshored:Japan
City reshored to:Madison County
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts, auto components
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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