Hyundai Supplier Kyungshin America coming to Savannah industrial park

Date Published12/08/2023
Author NameLatrice Williams

Additional Reshoring Information:

Company/Division name Kyungshin America Corporation
Parent companyKyungshin Holdings
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Korea, South
City reshored to:Rincon
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredwire harnesses for various auto companies
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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