Foreign Auto Part Maker Bringing New Life to Old U.S. Steel Mill

URLhttps://finance.yahoo.com/news/foreign-auto-part-m
Sourceyahoo finance
Date Published03/10/2026

Additional Reshoring Information:

Company/Division name Minth
Parent companyMinth Group Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1325
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):430
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Gadsden
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredplastic and aluminum auto components
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Under-utilized capacity
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