URL | http://www.areadevelopment.com/newsitems/11-13-201 |
Source | Areadevelopment.com |
Date Published | 11/13/2014 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | OTICS USA, Inc. |
Type of work | Manufacturing |
Reshoring category: | Transplant |
Total number of jobs (added or to be added): | 350 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 69.5 |
City reshored to: | Sevierville |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery, Automotive |
Product(s) reshored | Automotive Engine Parts |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |