Company/Division name | Toyota Battery Manufacturing |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 5000 |
Year reshoring announced: | 2025 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 1400 |
Country(ies) from which reshored: | Japan |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | EV batteries |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Skilled workforce availability/training |