Company/Division name | LS Mtron |
Parent company | LS IMM USA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 9 |
Year reshoring announced: | 2024 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Duluth |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | tractor |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |