Taesung Alabama starts work on $6.6 million Shorter plant, creating 70 jobs

URLhttp://www.al.com/business/index.ssf/2013/12/taesu
SourceAlabama/AL.com
Date Published12/06/2013
Author NameMichael Tomberlin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Taesung Alabama
Parent companyTaesung
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):70
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2015
Capital investment ($):6.6
Country(ies) from which reshored:Korea, Republic of
City reshored to:Shorter
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredplastic injection-molded auto parts
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
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