Company/Division name | Daechang Seat Corp. USA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 500 |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 72.5 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Savannah |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive seat frames |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Skilled workforce availability/training |