Junchuang on US$21 million expansion plan in US

URLhttps://rubberjournalasia.com/junchuang-on-us21-mi
SourceRubber Journal Asia
Date Published08/31/2023

Additional Reshoring Information:

Company/Division name Junchuang North America
Parent companyJunchuang
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):21
Country(ies) from which reshored:China
City reshored to:Fort Worth
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredadaptable plastic parts for lightweight automobile
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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