Global manufacturing plant set to reopen with $600M investment and 350 new jobs

Date Published07/15/2023

Additional Reshoring Information:

Company/Division name Toray Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):350
Year reshoring announced:2023
Domestically, the work will be done:In-house
$/year of sales of reshored product or service:600
Country(ies) from which reshored:Japan
City reshored to:Spartanburg
State(s) reshored to:SC
If relevant, work nearshored to:-
Product(s) reshoredcarbon fiber for airplanes
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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