OTICS USA Will Invest $69.5 Million On Automotive Parts Manufacturing Plant In Sevierville, Tennessee

URLhttp://www.areadevelopment.com/newsitems/11-13-201
SourceAreadevelopment.com
Date Published11/13/2014
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredAutomotive Engine Parts
What domestic positive factors made reshoring more attractive?Eco-system synergies
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