Company/Division name | Yokohama |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Japan |
City reshored to: | Spartanburg |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | tires |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Supply chain interruption, Total cost |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Proximity to customers/market |