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: | - |
Industry(ies): | Chemicals |
Product(s) reshored | carbon fiber for airplanes |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity |