Japan’s Taxan To Open New US $40M Factory In San Luis Potosí

URLhttps://www.emsnow.com/japans-taxan-to-open-new-us
SourceEMS Now
Date Published05/12/2024
Author NameJennifer Read

Additional Reshoring Information:

Company/Division name Taxan Mexico
Parent company Kaga Electronics Group
Type of work Manufacturing
Reshoring category:Nearshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2024
Capital investment ($):40
Country(ies) from which reshored:Japan
City reshored to:San Luis Potosí
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsemi-finished products and electrical components
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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