ALUKO GROUP TO LOCATE FIRST U.S. MANUFACTURING FACILITY IN MADISON COUNTY

URLhttps://tnecd.com/news/aluko-group-to-make-nearly-
Sourcetnecd.com
Date Published12/17/2024

Additional Reshoring Information:

Company/Division name ALUKO GROUP
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):55
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):36.3
Country(ies) from which reshored:Korea, South
City reshored to:Jackson
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredaluminum battery casings
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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