Company/Division name | Nippon Steel-Sumikin Materials USA |
Parent company | Nippon Steel & Simitomo Metal Corporation |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Transplant |
Total number of jobs (added or to be added): | 65 |
Year reshoring announced: | 2016 |
Capital investment ($): | 5.7 |
Country(ies) from which reshored: | Japan |
City reshored to: | Fayetteville |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Metal Substrate for Automotive Industry |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market |