Company/Division name | Toyo Solar |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Capital investment ($): | 100 |
Country(ies) from which reshored: | Viet Nam |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | solar cell gigawatt factory |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market |